London & Capital, the FAWCO sponsored resource, has published an article in November 2023 called “Considerations for US Persons Coming up to the 2023 Tax Year End.” Although this article is geared mainly toward Americans living in the UK, it does summarize six strategic areas that US citizens living abroad need to be aware of: Capital Gains Planning, Foreign Tax...
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The 2024 US elections will be the most important in the country’s history. Every citizen’s vote is needed to protect US democracy, and overseas voters have less time and greater barriers to voting that those in the USA. Overseas Americans must therefore get ready to act in 2024, to secure their own participation in the election and to assist as...
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Writing in the New York Times Magazine on October 11, The Ethicist considered a question about voting from overseas from Kim, who has moved permanently to Sweden and asked, “I’m an American living abroad. Should I vote in US elections?” The answer is YES.
Millions of (non-military) Americans live outside the USA. We are good citizens of both the land...
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Elections in Virginia and Louisiana will determine, among other things, who will run the 2024 federal elections in those states. If you’re from either state, be sure to take part. Act now; deadlines for registration and ballot requests are close!
Virginia
Virginians will vote for candidates in the General Assembly and local offices; election day is Tuesday, November 7, 2023.
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From FAWCO’s Sponsored Resource Partner, London & Capital
Divorces are always a challenging time for everyone involved. The emotional strain is felt not just by those individuals separating, but by children and the wider family. The decision to divorce is inevitably followed by a focus on financial issues and how family assets will be divided. This often fraught debate can...
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According to IRS.gov, there are indicators that specify how long you should retain certain legal documents pertaining to your taxes. Below is an excerpt from the website.
The length of time you should keep a document depends on the action, expense, or event which the document records. Generally, you must keep your records that support an item of income, deduction...