Tag Archives: fatca

Fed Chair Janet Yellen sounded positively upbeat and hopeful as she testified and answered questions last Friday before the Senate Banking Committee. She was encouraged about manufacturing numbers, about unemployment figures and the strengthening of the U.S. economy. She seemed confident that October was still the right time to end Quantitative Easing. She also indicated that interest rates would eventually rise. Here’s the question: Should we buy it?

Early this year, the hype surrounding FATCA was palpable. Our clients were desperate to learn as much as they could about the law. And all the interest swelled to a crescendo when it was implemented on July 1, 2014. But now that the law is actually in effect? NOW is the time you need to know the true damage it’s causing. And we have the early results right here.

First came FATCA. Now the U.S. government is again sticking its nose in the business of other nations – flouting international law in the process – and there are signs that the world has had enough of our bullying ways. As countries band together to work outside of the dollar altogether, what does that mean for the U.S.? More importantly, what does that mean for ANY of us? It’s important to understand the ramifications, and we break it down for you here.

July 1 and the implementation of FATCA have come and gone, and those who had predicted an immediate crash of the dollar have been proven wrong. And now, we have some who are calling for the stock market to crash as well. After all, stocks are at an all-time high, and even the “Warren Buffett Indicator” is on sell-alert status. Is there any merit to these predictions? Can we believe them given that so many were wrong on the dollar and FATCA? And where do precious metals fit into any of this? Vince Miller and Will Hart break it all down for you in this week’s Market Report.

We all know that FATCA will profoundly affect expat Americans. But there’s so much more to the law, especially when you consider the new precedents of government overreach that the July 1 is setting. How might it affect ALL Americans? We connect the dots here.

As July 1, 2014 approaches, clients are asking us about FATCA, the Foreign Account Tax Compliance Act. They’ve heard stories in the news about this new law causing the “collapse of the dollar” and they’re understandably concerned. In this week’s Miller Report, we answer your questions in plain terms: What IS FATCA? And how might it ultimately affect all of us? You have to hear what Phillip Patrick and Will Hart say in this week’s show.

With FATCA going into effect in just a few weeks, on July 1, 2014, the controversy surrounding this important federal law continues to mount. To help you better understand FATCA and what it may mean for many Americans (not just those with overseas bank accounts), we’ve put together this quick, straightforward overview.

  • 1
  • 2