US FATCA crackdown pushing demand for tax advice

Pedro Gonçalves
clock • 2 min read

As the US IRS cracks down on tax avoidance overseas with FATCA, the number of Treasury-licenced tax advisers with addresses outside of the US has jumped about 50% since 2016 according to figures from the agency. Taxpayers increasingly needing that assistance include Americans living abroad, or US expatriates. Expats are required to file a US return, even if they don't owe any US tax because they can claim credits for taxes they've paid overseas—among other benefits, according to Bloomberg. Accidental Americans trying to deal with FATCA are another reason behind this increasing need for f...

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