Cashflow Planning for Multi-jurisdictional Families

From FAWCO’s Sponsored Resource Partner, London & Capital 

Planning your financial future can be a daunting task at the best of times. It can require a degree of introspection around the "big" life moments e.g. when can I afford to retire, which can appear intimidating. For this reason, the use of cashflow modeling can offer a sense of reassurance and is...

2022 IRS Personal Income Tax – Key Information

 If you are a US citizen required to file income taxes, here are some of the key dates you need to keep in mind in 2023:

April 18, 2023

• file individual tax return (Form 1040) – for expats, this deadline is automatically extended until June 15, 2023;
• file Report of Foreign Bank and Financial Accounts (FBAR) – definitely do so by October...

An Introduction to Tax and Banking for Americans Overseas

by Tracy Moede, AWC Hamburg

You are an overseas American now confronted with tax and banking issues in the United States. Overwhelmed? Frustrated? Confused? You are not alone. Recently, a reported 9 million US Americans live overseas, and the majority have some sort of tax and banking issues.

The first question is usually "Where Do I Start?" which is quite easy...

US democracy won the mid-term elections – the fight to preserve it continues

Throughout its work to encourage overseas Americans to vote in the 2022 elections in the USA, FAWCO’s US Voting Committee stressed the need for active citizenship to protect US democracy. The election results brought good news and bad news. The good news is that voters within and outside the US won significant victories for democracy. The bad news is that...

Runoff Elections in Three States in December

The 2022 elections are not over for overseas voters from three states. Runoff elections will be held on December 6 in Arkansas and Georgia and December 10 in Louisiana. If you checked the box for “all elections in this year” on your registration/request form, you should receive a ballot. If you did not, there’s time to request a runoff ballot...

Election Day for Overseas Americans Is Now – Time to Vote!

The week starting on October 3 is Absentee Voting Week. Absentee ballots for overseas Americans were sent out on September 24. It's time to vote!

Have you received your ballot? It's not too late to request one, but deadlines to register are as early as October 5 for some states. Go to the Federal Voting Assistant Program (FVAP) to register/request...