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View An Astonishing Achievement By These Tax And Business Professionals For 9 Million Americans Abroad



Kat Jennings - Thank These Gentlemen

This is an important post that we encourage you forward on to any person you know who is an American working and living abroad; or any accidental Americans who are caught up in this tax legislation. Please watch this video where John Richardson interviews Jim Gosart, Olivier Wagner and Solomon Yue about their work on behalf of all Americans Abroad. Although many other significant contributors have helped along the way, these gentlemen have been greatly instrumental in getting tax legislation H.R. 7358 to Congress.

If you have followed any of the initiatives to get this bill in front of Congress, you must know what they have accomplished is astonishing. The goal has always been to make the tax treatment of Americans Abroad fair. The new bill presented in Congress is appropriately called “Tax Fairness For Americans Abroad Act of 2018″ and you should follow it closely.

Please listen to this important interview as they share an extraordinary story with taxpayers. Nine million Americans owe them a great deal of gratitude for all their efforts on your behalf. John Richardson is a tax lawyer; Olivier Wagner is a tax compliance professional, Solomon Yue is founder of Republicans Overseas, and James Gosart a successful American businessman who opened up a business outside the United States and understands the impact.

They also credit hardworking Congressman George Holding for his herculean efforts on behalf of 9 Million Americans Abroad.

Please take take this time to listen to this video and be certain to thank everyone for their outstanding efforts!

Kat Jennings, CEO
TaxConnections

 

 

As TaxConnections CEO, Kat Jennings founded the leading tax services marketplace for tax consultants and corporate decision-makers online. Our mission is building strong, trusted relationships between corporate tax and financial executives and tax experts providing a wide range tax services and resources worldwide. In addition to TaxConnections online “Find A Tax Professional” and “Ask Tax Question” search features, we also provide internationally recognized retained search services to multinationals who want “best in the profession” corporate tax executives. Contact Kat@TaxConnections.com or call 858.999.0053 at TaxConnections.com

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7 thoughts on “View An Astonishing Achievement By These Tax And Business Professionals For 9 Million Americans Abroad

  1. Bob Smith says:

    TTFI potentially a good deal for US expats who’ve been compliant (which is maybe 15% of non-resident citizens) but does nothing for duals and accidentals, who should not be required to enter the US tax system, period. They need FATCA relief to end birthplace discrimination in their home countries. They don’t need tax relief because they won’t ever be compliant.

  2. Beau says:

    Thanks for advertising this, Kat. It will be a miracle if TTFI can get through Congress, but Solomon Yue said there’s bipartisan support for it, and I’m praying he’s right. This Bill might not be perfect, but it’s way closer than what we’ve got now.

  3. David Devoe says:

    Misleading article. In order to qualify for TTFI, a so-called ‘US person’ must have 3 years US tax and FBAR compliance. However, millions of US persons abroad who have been blindsided by CBT after years of living as citizens and taxpayers of other countries, are not compliant and can not easily become so. The new bill would help those who are tax compliant (a minority) such as more recent expats who knew about USA’s counter-intuitive citizenship based taxation(due to recent media attention) as well as longer term expats and accidentals who are able and willing to enter the US tax system for 3 years, but not all 9 million US persons – not even close.

  4. mark says:

    bob smith, bingo. i totally agree. us citizens born abreoad are most likely non coliant with the irs and therefore cannot claim rbt as per the current wording of the bill

  5. Kathleen Power says:

    That’s right Bob. Republicans Overseas and compliant expats are spinning this bill as something that ends citizenship based taxation for all 9 million US persons, but it really only helps a small minority.

    • Suzanne says:

      Yes, like “compliant” expats are the lucky ones. Keep flying under the radar, you’ll be fine. This bill does nothing to harm you, so like your promotion of the Obama resolution, let those who can get badly needed relief get it, rather than complain about not getting something you don’t care about.

      A true accidental who isn’t impacted by US tax wouldn’t care, because like Bob says, you’ll never be compliant anyway. What you want doesn’t, and will never exist – which is a different birthplace.

    • Suzanne says:

      The types of Americans in the greatest need of this bill are actually people who are paying US taxes, you know.

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