The Tax Trap: Navigating U.S. Taxation for Americans Abroad
Manage episode 442994003 series 3071154
September 4, 2024 - Participants include:
John Alan - @JohnAlanPod
Keith Redmond - @Keith__REDMOND
Anthony Parent - @IRS_Medic
John Richardson - @ExpatriationLaw
Note: This podcast was hosted by John Alan and originally was published by him on September 8, 2024 at his John Alan Pod site.
The podcast is reposted here with the kind permission of John Alan.
AI Description:
"Join host John Allen in this episode of "Coming Home with John Allen" as he discusses the complex world of U.S. taxation for Americans living overseas with tax experts John Richardson, Anthony Parent, and Keith Redman. These seasoned professionals dive deep into the intricacies of the U.S. tax code, particularly how it impacts American expats and emigrants.
Discover the distinctions between short-term expats and long-term emigrants, and how the U.S. tax system treats them. The conversation highlights the severe challenges faced by Americans abroad, including the citizenship-based taxation system, the threat of double taxation, and the lack of proper representation and protection.
Learn about the proposed solutions, such as severing U.S. citizenship from tax residency and reforming the current tax regulations. Gain insights from personal experiences and expert advice on how to navigate the tax landscape, mitigate fear, and make informed decisions. This episode is a must-listen for anyone grappling with the complexities of U.S. taxes while living overseas."
100 episoder