What you need to do about FACTA

This video can keep you out of jail.

This is the second part of the video that I did with Jim Karger. In this part we talk about the Foreign Account Tax Compliance Act, which I have written about before. It is a short video but I think it boils down what the legislation is and what expats need to do about it. Please send it to anyone you think might be interested in this information.

Since the last time I wrote about it. The RNC has put forth a resolution supporting residence based taxation which you can read here. I will try to keep you informed as things unfold.