Beacon Financial Education aims to help people with their financial well-being and provides individuals with the information they need for financial control, stability and simplicity. For several years now, Beacon Financial Education has been very active in informing and educating Americans and U.S. connected individuals in the Netherlands about the headache FATCA (the United States’ […]
Read MoreThe IRS is warning US expats with large tax debts that their passports are subject to be revoked as soon as this month, jeopardizing their ability to work and live overseas. The agency in July began sending letters to some indebted taxpayers saying it will ask the US State Department to revoke their passports. Under […]
Read MoreBeacon Financial Education aims to help expats organise their personal finances and educate them on retirement plans, personal lifestyle planning and wealth management. Making the switch to live and work abroad is an exciting time in your life. To make your experience abroad smooth and successful – from a financial and personal standpoint – it’s […]
Read MoreDoes FATCA affect you? If you’re an American, then you’ve probably heard of FATCA. FATCA stands for the Foreign Account Tax Compliance Act and became law in 2010. Many expats incorrectly believe that FATCA is the law that requires them to report and pay U.S. taxes on their income. This is not the case; expats […]
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