Time for a change: The US-Australian Tax Treaty with Dr. Karen Alpert

Time for a change: The US-Australian Tax Treaty with Dr. Karen Alpert

https://www.irsmedic.com/2016/05/20/join-us-superannuation-funds-group/ In this video, we are joined by Dr. Karen Alpert to talk about common issues that expats encounter when living and working overseas. Tax traps, FATCA, and the new difficulty in getting a bank account overseas when you are a US person. Karen has experienced this and more as she and her family have been living and working in Australia for many years. This has added another layer of frustration as they quickly learned that the Australian Superannuation funds and US/Australia tax treaty were not the easiest things to navigate. As Karen leaned more and more about the tax treaty, she decided that she was going to take action. She, her husband, and daughter all renounced their US Citizenship; an action she did not take lightly. Next, she created a plan to try to make positive changes to the treaty and other issues. Karen created http://fixthetaxtreaty.org/, and a Facebook group; Fix the Australia/US Tax Treaty! She hopes to educate people, help others that may be experiencing the same issues, give specific actions people can do to help the cause, and - most importantly - work directly with the government to make suggestions and work to change to the current laws. We encourage you to visit Karen's website. IRSMedic, the Law Offices of Parent & Parent, LLP Serving US Taxpayers worldwide 888-727-8796 info@irsmedic.com http://youtu.be/38GGtXhmfBM IRS Medic