The Expatriation Chronicles of an Accidental American, Episode 7

Note from Phil: this is the seventh episode of The Expatriation Chronicles, in which we follow the renunciation process from start to finish with a 17-year old Irish girl who is an Accidental American. Episode 1 (Phil’s introduction) Episode 2 (A’s introduction – why she wants to renounce her U.S. citizenship) Episode 3 (What to […]

Schedule D from a programmer’s point of view

Schedule D as an algorithm.  An interesting perspective. Check out the carefully crafted flow chart that describes the thinking you need to do in order to compute capital gains tax. It is shocking to think that this logic comes from the District of Columbia rather than Colorado.  Greetings from Washington DC. I am here so […]

Here is your felon, IRS

An anonymous email I just received. I am about to go offline and off the grid in a while. Help a dude out. Answer him in the comments. (I assume it is a him). Any advice please. It will be really very great of you if u can show me some direction. My life is […]

Why international tax work is so expensive

Form 8865 (Return of U.S. Persons with Respect to Certain Foreign Partnerships) [PDF] has a comment request published by the IRS.  No changes to the form, but comments requested nevertheless. Here’s the important information: Estimated Time per Respondent: 89 hours, 44 minute. [sic] That’s the amount of time the IRS thinks is required to prepare […]

Dispatch from Asia

Hey. I’m in Singapore, meeting with bankers, lawyers, and clients. I’m headed for Jakarta tomorrow night, and will be there for 3 days. I’ll be back in the office on March 8 (Monday). It’s good to do a face-to-face with people we’ve worked with over the phone and the internet. Skype is a wonderful thing […]