Expat Ryan Socash v. the IRS - How FATCA Repeal gained another powerful advocate

Expat Ryan Socash v. the IRS - How FATCA Repeal gained another powerful advocate

You don't have to be a US expat as YouTube famous as Ryan Socash to have an issue with the IRS. In this video, tax attorney Anthony Parent interviews Ryan one-on-one to learn how Ryan discovered he had a huge problem and the reasons why he decided to disclose to the IRS with the Streamlined disclosure program. Ryan Socash was born in America, but found his home belonged in Poland. There, he has been overseeing a growing media empire, including his own personal YouTube channel, Kult America, https://www.youtube.com/KultAmerica/ Ryan describes how he felt when he learned about the Foreign Account Tax Compliance Act (FATCA) when he received his first FATCA letter from a Polish bank. FATCA lead him to research to discover the odd way the US taxes its citizens who are tax residents of other countries. FATCA led him to discover the host of scary international tax problems including: - Unfiled FBARs - Missing Form 8938 - Missing Form 5471 While many US expats have decided to stay out of the US tax system and avoid coming clean at all, that was simply not an option for Ryan as his personal belief system won't allow him to not follow a law he is aware of. But with that said, now Ryan is a a full-blown repeal FATCA advocate and is helping to see that this awful law that makes life difficult is repealed. Parent & Parent LLP 144 South Main Street Wallingford, CT 06492 (203) 269-6699 info@irsmedic.com https://ift.tt/1RfwK1f https://youtu.be/9g3Qlqdt_Dk IRS Medic