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September 5, 2015 / 21 Elul, 5775
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Are You a Tax Criminal?

An interview with Ron Zalben, about the FBAR and FATCA tax forms and why it's so important to file them.
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Are you an American citizen now living in Israel or any other country? If so,have you been paying all your U.S. taxes? You might not be aware that you still have tax obligations to the IRS, even though you are paying taxes to your current country of residence. On this week’s Goldstein on Gelt show, Doug speaks to CPA Ron Zalben, who talks about the FBAR and FATCA tax forms, what they are, and why it is so important to file them.

About the Author: Douglas Goldstein, CFP®, is the director of Profile Investment Services, Ltd, a financial planning and investment services firm located in Jerusalem. He specializes in working with clients who live outside of the United States and want to maintain a U.S. brokerage account. Doug’s newest book, co-authored with Susan Polgar, about how using chess strategies to improve your finances, Rich As A King can be purchased at www.richasaking.com. He is a licensed financial professional both in the U.S. and Israel. Securities offered through Portfolio Resources Group, Inc., Member FINRA, SIPC, MSRB, FSI. Accounts held at Pershing LLC., Member NYSE/SIPC, a subsidiary of The Bank of New York Mellon Corporation. Neither Profile nor PRG gives tax or legal advice. Before immigrating to Israel, it is advisable to consult with a tax attorney who is knowledgeable about Israeli law. Contact at doug@profile-financial.com

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2 Responses to “Are You a Tax Criminal?”

  1. The US is the only country in the world that taxes their citizens who reside in other countries. The purpose of taxes is to benefit the citizen mainly with security but also with services. The US does not do that for the citizens residing abroad.

  2. The US is the only country in the world that taxes their citizens who reside in other countries. The purpose of taxes is to benefit the citizen mainly with security but also with services. The US does not do that for the citizens residing abroad.

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