Goldstein On Gelt

Will Taxes Change for American Citizens Abroad?

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American citizens abroad need to pay taxes both to their host country as well as Uncle Sam. What is being done to minimize the tax burden on these Americans? American Citizens Abroad (ACA) is leading the fight for tax reform. Marylouise Serrato, executive director of American Citizens Abroad, explains their position on international American citizens’ tax rights. Americans living abroad are currently being taxed by both the U.S. and the foreign government where they live. Glen Frost, certified public accountant and tax law expert at Frost and Associates, also joins the conversation to promote the proposal Marylouise and the ACA are presenting to the U.S. Congress to reform the current system. Listen to the discussion of how and why U.S. tax international laws need reform, and what you can do to help the cause. American taxation on dual citizens has international repercussions, as the rest of the world is closely watching this issue. The 6 lessons you need to learn for financial success Doug lists some practic