LARRY'S 2016 U.S. TAX GUIDE 'SUPPLEMENT' FOR U.S. EXPATS, GREEN CARD HOLDERS & NON-RESIDENT ALIENS IN USER-FRIENDLY ENGLISH

ISBN# 9781456626396

Kindle version at http://www.amazon.com/gp/product/B01CHGNDIU

Laurence "Larry" Lipsher, whose column appears regularly in taxindiainternational has just published an updated US tax guide for Americans who live abroad and have to comply with the extremely complicated US tax system. This is a very user-friendly ebook guide for the U.S. tax filer. The book is equally relevant for Green card holders. Based on his 25 years of experience of working in Asia with US taxpayers, Larry explains in his usual humorous way in user friendly English the requirements for the various tax filings and how to avoid the various pitfalls. There is an FAQ section that contains the most commonly asked questions by expats living abroad. Two examples from the same:

  • Can I pay my taxes in a foreign currency?

  • Sorry, my friends - check or credit card, only - the U.S. government does not accept foreign currencies - and you might have difficulties, as well, with foreign cashiers checks. - if you are that Hong Kong teacher, recently moved from the U.S. - do not close your U.S. bank account - it will come in handy, in the long run!

  • What happens when I move back to the U.S. to reside with my non-resident, foreign spouse, who has all of the family business and investments in her/his name?

  • Don’t walk - run - to a specialist before you decide you want to live back in the States. There are some serious tax problems you are going to be confronted with in an all too familiar scenario that has become a nightmare for many who did not plan…….!!! This is planning you need - you are going to have to pay more - a heck of a lot more - for this planning than the cost of this book!

This year’s book also contains an additional section "Nine Essays from a Transpacific Rock 'n' Tax Man", a memoir of the author’s years in the rock music business, his chance meetings with Steve McQueen, Prince Charles and many more.

Larry, a past president of the American Chamber of Commerce of South China, wrote for the Asian Tax Review fro Tax Analysts for 12 years. He has been featured on CCTV as well as CNN, CNBC, Reuters TV and the Wall Street Journal-TV.

 
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