The United States is one of a handful of countries that vigorously pursues taxpayers worldwide. Don’t expect to avoid paying US taxes by living overseas.
The United States vigorously pursues taxes worldwide and a common mistake many Expats make is assuming their US tax obligations disappear once they move overseas. In fact the US maintains tax treaties with over 66 countries which exchange tax information with the IRS.
The US spends over 5 billion dollars a year in the auditing, discovery, collections and prosecution of US citizens living or working abroad. All of this work yields more than 55 billion dollars in additional tax revenue for the IRS.
With the help of an experienced CPA you can lower your tax, minimize or eliminate certain interest and penalties, and avoid tax liens and levies by acting now. Don’t wait!