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Tax Practice Pro, Inc’s, Sixth Annual International Tax Program

This two day seminar offers the challenging material practitioners are asking for at a reasonable price. Tax Practice Pro brings you the most knowledgeable speakers in the industry, speaking on their specific expertise. Updated to Include the New Relief Procedures for Certain Former Citizens Released September 6th, 2019 Our program offers two tracks of material: a Fundamentals Track and an Advanced Track which includes current topics for those working with international clients on a regular basis. For more information click here...

IRS releases new program aimed at “Accidental Americans”


This week the IRS released a new program to give certain expats relief from taxes in specific situations according to Mary Beth Lougen of American Expat Taxes and Expat Tax Tools. The new program is aimed at "accidental Americans" and should provide relief from U.S. taxation to many currently affected.

Read the entire article here.

American Expat Tax Services is now hiring !

American Expat Tax Services is now offering career opportunities with a firm committed to supporting both our associates’ work and life needs and goals. We are seeking additional talent in our International US and Canadian Tax divisions. Successful candidates will be experienced US and/or Canadian Tax Professionals who possess strong research and communication skills, a passion for learning and the ability to work remotely and independently. Interested applicants can submit their resume to with the subject line – ‘Job Posting 2019’. Please include a cover letter describing why you are interested in working with American Expat Tax Services.

Accountants move into cryptocurrency

Accountants are delving into the complexities of digital currencies such as Bitcoin and Ethereum to help their clients keep track of cryptocurrency assets and transactions, as well as the tax consequences, according to a new report.“In the past two or three years, especially with the crypto boom in 2017, it really caught a lot of people by surprise and created issues and complexities that are resulting now or over the past year,” said Muroch. “Those kinds of issues surface when you need to go through an audit or to pay your taxes.” Read the Article  

IRS has begun sending letters to virtual currency owners advising them to pay back taxes & file amended returns

IR-2019-132, July 26, 2019 WASHINGTON — The Internal Revenue Service has begun sending letters to taxpayers with virtual currency transactions that potentially failed to report income and pay the resulting tax from virtual currency transactions or did not report their transactions properly. "Taxpayers should take these letters very seriously by reviewing their tax filings and when appropriate, amend past returns and pay back taxes, interest and penalties," said IRS Commissioner Chuck Rettig. "The IRS is expanding our efforts involving virtual currency, including increased use of data analytics. We are focused on enforcing the law and helping taxpayers fully understand and meet their...

Court dismisses challenge of deal that helps U.S. nab tax cheats in Canada

Jim Bronskill · The Canadian Press · Posted: Jul 22, 2019 5:54 PM ET | Last Updated: July 22 The federal government has shared more than 1.6 million Canadian records with the U.S. tax service A Canada-U.S. deal that lets Canadian financial institutions send customer information to U.S. authorities to help track down tax cheats does not violate the Charter of Rights and Freedoms, a judge has ruled. Federal Court of Canada Justice Anne Mactavish dismissed an appeal from two American citizens, Gwendolyn Louise Deegan and Kazia Highton, who now live in Canada and have no real ongoing connection with the United...

U.S. Citizens in France Win 7-Year Fight With the IRS

The Internal Revenue Service said in court filings last week that it should have allowed U.S. taxpayers resident in France to deduct so-called Generalized Social Contribution taxes, a levy imposed on income in France, said Stuart...

Expat Tax Tools has been ranked on the VAR 100 list by Accounting Today

VIRGINIA BEACH, Va. - July 9, 2019  -- Expat Tax Tools has been ranked on the VAR 100 list by Accounting Today as one of the top value-added resellers in the accounting software space.  Expat Tax Tools is a software firm that produces niche U.S. international tax software applications, like the Form 8621 Calculator, to assist taxpayers and tax professionals with simple solutions to the difficult problems faced by U.S. taxpayers with living or working outside the country. Expat Tax Tools CEO, George Kiss, says "it is an honor to be selected as a Top 100 VAR by Accounting Today. It recognizes the years of dedication and hard work of...

Mary Beth Lougen joins speakers panel at 2019 Tax Controversy Update

Mary Beth Lougen, President of American Expat Tax Services, was asked to be part of one of the International Tax Controversy panels at this years' Tax Controversy Update. Overall it was a very informative conference according to Beth, which included IRS Commissioner Rettig. Beth gives special thanks to Frank Agostino and his team putting on another great conference & BBQ.

IRS seeing difficulties with FATCA reporting

By: Michael Cohn... Accounting Today The Internal Revenue Service is having trouble dealing with the information it’s getting from foreign banks about U.S. taxpayer assets under the Foreign Account Tax Compliance Act because of problems with the data and various mismatches, according to a new government report. The report, from the Government Accountability Office, found that data quality and management issues have limited the effectiveness of the IRS’s efforts to implement FATCA, which was part of the HIRE Act of 2010. The law required foreign financial institutions to send information about U.S. taxpayer assets or else face stiff penalties...