if you hold a US passport or possess a Green Card, there are crucial things you need to know when improving your financial wellbeing.

Many US citizens and green card holders residing outside the United States have had some unpleasant surprises recently as a result of heightened enforcement of FATCA rules. 

As winter starts to fade, our thoughts turn to spring. For Americans residing abroad it is also a time when we start to contemplate and address our reporting and filing requirements to the United States and the I.R.S.

While the world was occupied with the terrorist events in Paris and San Bernardino, a new regulation in the United States was signed into law in early December: H.R. 22 FAST (Fixing America’s Surface Transportation Act).

Many Americans and green card holders living abroad are finding it more and more difficult to keep up with the changes on IRS rules and regulations that effect their lives.