Search Results for keywords:"tax obligations"

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Search Results: keywords:"tax obligations"

  • Type:Notice
    Citation:90 FR 17279
    Reading Time:less than a minute

    The Internal Revenue Service (IRS), under the Treasury Department, has issued a notice listing individuals who have expatriated, meaning they have given up their U.S. citizenship. This notice aligns with the Health Insurance Portability and Accountability Act (HIPAA) guidelines and applies to people whose information was collected by March 31, 2025. It also considers long-term residents as if they were citizens losing their citizenship. The details were processed by Kevin T. Hall, who works in Compliance Support, Development & Communications.

    Simple Explanation

    The government made a notice about people who chose to leave America and stop being its citizens. They talk about some grown-ups living in the U.S. for a long time as if they are doing the same thing, but the notice doesn't say who these people are or explain what it means for them, especially about paying taxes.