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ACA VOICE Q2 2018

July 1, 2018

Quick Links

Latest News 
Academic and Professional POV Articles
ACA in the Media 
Upcoming Events 
Members-only Content 
How To Get Involved
ACA on the Web, FAcebook and Twitter
Support ACA
Advertise with ACA
 
 

How To Get Involved

Contact Your Members of Congress

ACA’s website now hosts several links that can help you contact members of Congress.They include addresses, fax numbers, sample letters and general advice on contacting a member of Congress. Remember, our efforts depend on our Representatives continuously hearing from Americans abroad. Tell your Representatives in Congress to support RBT!

Testimonials

Send us your testimonials on how current legislation is affecting you.  These testimonials are important to our advocacy work but even more important is your work in contacting your own Congressional representative.  We ask you to write to your representative today and let him or her know your thoughts and personal experience, and please send a copy to ACA as well. 

You can also support our work by writing directly to the Tax Committees responsible for tax reform and asking for Residency-based taxation (RBT) and submitting comments to those committees holding hearings on tax reform.

You can also write your own Representatives in Congress about Residency-based taxation (RBT) and your support for it.  Tell them about yourself, so that they learn about a real-life overseas American. 

Join Us!

If you haven’t done so already, Join ACA!  Since 1978, ACA has been the “Voice of Americans Overseas,” advocating for and defending the rights of U.S. citizens living and working abroad.

 

ACA on the Web, Facebook, and Twitter

ACA’s website and its quarterly News Updates are its key communication channels to ACA members and to the millions of Americans all over the world. The ACA website includes a wealth of information: descriptions of the impact of U.S. laws on the various issues – citizenship, voting, Social Security, Medicare, banking and taxes – as well as ACA position papers, references to ACA in the press and a multitude of links to press articles related to ACA issues.

Many members and supporters follow ACA on Facebook, and this provides ACA with an opportunity to connect with them on a more regular basis. To get the most immediate, up-to-date information on ACA’s work and initiatives visit us on Facebook or our website, and sign up for our Twitter feed. 

 


Support ACA

There are many ways you can support ACA.  The best way is to become a member, so we can count on your ongoing support in our efforts to make changes in Washington, D.C., on your behalf.

In addition, you can volunteer, or make a donation to support our cause.  ACA has a number of volunteer positions available. As long as you have an internet connection, anywhere in the world, we could use your help!

To join ACA and get access to State-side banking services visit us online

ACA does not provide individual tax filing advice. For professional tax services please see the ACA Tax Preparer Directory.


RBT 


Advertise with ACA

Are you looking to reach Americans overseas? Do you have a company or service targeting Americans overseas? Then consider advertising with ACA.  ACA website and ACA newsletter advertising opportunities available.  Click for more details.

 

Disclaimer:  This information was provided by a volunteer board member of ACA as a service to fellow U.S. citizens. While ACA and its Board members make every effort to transmit accurate information, such information is not considered a substitute for qualified professional advice. 


ACA is a non-profit organization whose mission is to educate, advocate and inform both the U.S. government and U.S. citizens living and working overseas on issues of concern to the overseas U.S. citizen community. ACA works to find practical solutions to resolve issues impacting overseas U.S. citizens and communicates results to constituents stateside and abroad. ACA is the premier thought-leader on issues affecting U.S. citizens living and working overseas.

American Citizens Abroad, Inc. (ACA, Inc.) is a section 501 (c)(4) tax-exempt, non-profit, nonpartisan, volunteer organization.

Alongside is American Citizens Abroad Global Foundation, a publicly-supported charity under section 501(c)(3).
Hello <<First Name>>,

The quarterly ACA Voice focuses on in-depth analysis of core issues relevant to Americans abroad. For frequent news updates and information on ACA developments, be sure to visit our website, Facebook page, and Twitter feed. 

 

Important: Don't forget! 

Although H.R. 1 has passed and does not include tax reform for Americans overseas, there are strong indications that Congress will soon return to the subject of tax law changes to make corrections in what was done and to address issues that were postponed. ACA has already highlighted some of the areas of the new law that adversely affect Americans overseas in its recent update, TAX REFORM BILL AND AMERICANS ABROAD: WHAT HAPPENED? WHAT'S NEXT? There are champions in the House, Senate and in the Leadership that want to see tax reform for Americans overseas enacted. This is why ACA has called on Congress to hold hearings on the subject. It is time for the Congress to review every aspect of tax reform for Americans overseas, the background, the workings of existing law, the numbers, the real-life stories, all need to be aired, and now’s the time to do it. In this manner, Congress will have all the elements it needs to write and pass legislation. https://www.americansabroad.org/news/aca-calls-on-congress-to-hold-hearings-on-taxation-of-americans-abroad/

How will this happen, and how can you help? Donate! ACAGF is continuing to raise funds to support ACA's advocacy work in Washington, DC. It is important for ACA to keep the focus on RBT and build on the work that has been done to raise awareness for RBT and testify at hearings. ACA's advocacy work is critical and so is your support.  

YOU ARE URGED TO GO TO THE ACA WEBSITE AND CONTRIBUTE. PLEASE GIVE THIS YOUR IMMEDIATE ATTENTION. http://acaglobalfoundation.org/donate

RBT

Academic and Professional POV Articles


Chief Counsel Guidance on Passport Revocation
by Frost & Associates, LLC

How Living Abroad Helps You Develop a Clearer Sense of Self
by Hajo Adam, Otilia Obodaru, Jackson G. Lu, William Maddux and Adam Galinsky
 

Latest News


InterNations 2018 survey reveals The 7 Most Common US American Expat Types and Why They Move Abroad 
Based on the latest Expat Insider 2018 research, InterNations presents the first comprehensive US American expat typology.  The typology is based on expats’ primary motivation for moving abroad and identifies job opportunities and the search for a better life as most important reasons for expatriation.  The 7 most common US American types of expats are... [More Info]

Taxpayer Advocate's Recent Report to Congress
Nina Olson, the National Taxpayer Advocate, issued her 2019 Objectives Report to Congress.  Highlighted in Volume Two, the National Taxpayer Advocate reports on the Passport Denial and Revocation Legislation and outlines concerns regarding the IRS’s plans for certifying seriously delinquent tax debts which may lead to taxpayers being deprived of a passport without regard to taxpayer rights.  ACA continues to dialogue ... [More Info]

More Relief for Overseas Americans on New Transition Tax
Washington, DC June 5, 2018   The Internal Revenue Service Has Offered Penalty, Filing Relief to Many Who Are Subject to the New Transition Tax on Foreign Earnings The Internal Revenue Service has issued new guidance, saying that business owners with net tax liabilities under the repatriation tax provisions of less than $1m for 2017 will no longer face certain penalties or the ... [More Info]

LISTEN NOW: ACA TalkTalk
Listen in on ACA’s webcast covering the new Tax Cuts and Jobs Acts (TCJA) and how these changes affect Americans overseas.  Available only to ACA members.  If you are not an ACA member and would like to have access to the ACA Members Only section of our website where we provide you with videos, webinars and articles on issues ... [More Info]

ACA submits statement to Senate Finance Committee Hearings on New Tax Law
April 23, 2018 ACA submits statement to Senate Finance Committee Hearings on New Tax Law. See statement here. [More Info]

Treasury Department provides some relief from the new transition tax for Americans Overseas
The Treasury Department and IRS have published Notice 2018-26 providing a measure of relief from the new transition tax. The transition tax, generally speaking, imposes tax on certain accumulated earnings in a foreign control corporation owned by US shareholders. Among other things, it can hit American individuals residing abroad who own a foreign corporation. This corporation might be labeled something ... [More Info]
 

ACA in the Media


CNBC (June 30, 2018)
More Americans are considering cutting their ties with the US — here's why

Tax Notes International (June 18, 2018)
More Foundation Fallout

Politico (June 18, 2018)
More Foundation Fallout

International Investment (June 5, 2018)
Expat Americans given one-year business tax reprieve

Financial Times (June 5, 2018)
Expat Americans given one-year reprieve on repatriation tax

International Investment (April 25, 2018)
As US expat groups lobby, Washington lawmakers debate Trump tax bill

 

Upcoming ACA Events


ACA Town Hall Evening Zurich Wednesday, 13 September 2018
  • IRS Tax Code Developments under the Trump Administration
  • Financial and Retirement Challenges for US Citizens Abroad
  • Last Will and Testament Issues for US Persons in Switzerland 
On-line Registration is preferred: Please register in advance – No Charge for ACA Members who register in advance... [More Info]

ACA Town Hall Evening London

The next annual London Town Hall Evening is currently planned for 25 July.  Details to be confirmed shortly.  
 

Check Out Members-only Content


Don’t forget that ACA members have access to the Members-only section with exclusive ACA content.
 
Past issues of the ACA newsletter along with our entire member-only E-blast mailings; updates, press releases, media articles, can also be found in the Members-only section.
 
Visit today for exclusive content available only to ACA members. Let us know what you think!
SDFCU
ACA-Members/SDFCU Account - Did you know?
  • As an ACA member, you have access to State Department Federal Credit Union (SDFCU) U.S banking services. Visit https://www.americansabroad.org/aca/sdfcuaccounts-description-and-faqs/ to learn more.
  • You can get debit card ATM and ISA Fees reimbursed up to $15 or $25 a month with an Advantage or Privilege Checking Account. Learn more about SDFCU Checking accounts at www.sdfcu.org/Checking
  • You can avoid foreign transaction fees with an SDFCU Visa Platinum Card, plus get a low APR and earn rewards. Visit www.sdfcu.org/credit-cards to learn more.
  • If you need help developing a savings plan or need tips on how to avoid identity theft, you can take advantage of the free financial counseling BALANCE Program available through SDFCU . View the online tools today at https://www.balancepro.net/partners/sdfcu/index.html.
  • SDFCU offers both prime and premiere money market accounts which allow up to six pre-authorized transfers a month. Learn more at https://www.sdfcu.org/savings.

See What Other Expat Organizations Are Working On 


The future of free movement and European citizenship - EPA Strasbourg

 
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Our mailing address is:
American Citizens Abroad, (ACA, Inc.), 11140 Rockville Pike, Suite 100-162, Rockville, MD 20852, USA


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