Follow up to Articles on Expatriation
The New York Times had an interesting article online today about how more and more people are giving up their citizenship. It did not surprise me that many give up their citizenship to save money on income taxes. However, I was surprised to learn that the Patriot Act is also partly to blame. Apparently, the […]
Is there a Federal Inheritance Tax?
It’s true. Most people think that the United States only has a federal estate tax (and yes, I know that technically there is no federal estate tax for 2010). However, the United States also has an inheritance tax that taxes certain inheritances that are received by United States citizens and permanent resident aliens if the […]