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Working Overseas
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Money & Taxes
IRS extends deadline for reporting offshore account information
If you're working overseas and maintain a foreign bank account, this may apply to you. On September 21, 2009, the IRS announced a one-time extension of the September 23, 2009 deadline for special voluntary disclosures by taxpayers with unreported income from hidden offshore accounts. Taxpayers now have until October 15, 2009. There will be no further extensions.
Tuesday, September 22, 2009
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Working Overseas
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Money & Taxes
President Bush closes defense contractor tax loophole
President Bush on Tuesday shut a loophole that defense contractors had been using to avoid paying millions of dollars in payroll taxes. Bush signed into law the Heroes Earnings Assistance and Relief Tax Act. Included in the legislation is a provision that would treat foreign subsidiaries of U.S. government contractors as American employers. That means they now have to pay the taxes that finance Social Security and Medicare programs.
Thursday, June 19, 2008
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Working Overseas
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Money & Taxes
Security-Cleared Defense Industry Workers Report 6% Increase In Average Salaries
ClearanceJobs.com, the leading Internet-based job board for professionals with active U.S. government security clearances, announced the results of its annual Security Clearance Jobs Salary Survey. According to the survey, cleared defense industry workers reported average nationwide salaries of $72,803, 6 percent higher than the 2007 published results of $68,139.
Monday, June 9, 2008
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Working Overseas
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Money & Taxes
Pentagon program gouging taxpayers, panel says
A poorly run Pentagon program for providing workman's compensation for civilian employees in Iraq and Afghanistan has allowed defense contractors and insurance companies to gouge American taxpayers, a House committee said yesterday.
Friday, May 16, 2008
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Working Overseas
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Money & Taxes
Insurance? What insurance?
U.S. employers are required to provide limited insurance to all employees in war zones under the Defense Base Act. And in reality getting benefits out of insurers is as hard, if not harder, than it is for former servicemen and women to get what they are entitled to from the Department of Veterans Affairs.
Saturday, May 3, 2008
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Working Overseas
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Money & Taxes
No gravy train for PMC grunts
The popular belief that there is a huge disparity between what U.S. private security contractors and military personnel are paid has been exposed as a myth yet again.
Saturday, March 29, 2008
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Working Overseas
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Money & Taxes
How To Call Home From Outside The U.S.
Excellent advice about the options available for calling the United States from overseas. The best way to phone home depends on several factors: your current phone and carrier, your destination, your budget, and the amount of effort you're willing to invest.
Thursday, January 24, 2008
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Working Overseas
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Money & Taxes
Dollar a downer for American expatriates
Americans visiting Europe for a short vacation may be feeling pinched by the weak dollar, but U.S. citizens relocating or retiring overseas are feeling something more akin to a shark bite.
Friday, December 14, 2007
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Working Overseas
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Money & Taxes
Contractors from battle zones may face insurer fight
A Los Angeles Times investigation of the taxpayer-financed insurance system, based on reviews of scores of cases, has found a pattern of repeatedly blocked claims for treatment of psychological injuries sustained by civilian workers in Iraq and Afghanistan.
Sunday, June 17, 2007
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