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The International Money Café Show

The International Money Café Show

De: The International Money Cafe
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Foreign-born US citizens, green card holders (immigrants) in the US, and foreign nationals on temporary nonimmigrant US visas, have unique financial & US tax compliance challenges as they straddle their multi-country footprint.

US expats living abroad have somewhat similar challenges from having to deal with US taxes and foreign obligations.

In "The International Money Café Podcast" Jane Mepham, CFP®, and Manasa Nadig, EA, address these unique challenges over a cup of Coffee/Chai in addition to talking about life in the US.

Join them as they filter out the noise on cross-border taxes, finances, and life in the US, and save you hours combing the internet for information relevant to your situation.

Jane & Manasa being foreign-born, are able to address these issues from a very personal and relatable point of view every other week, as they walk the same journey and pursue their own version of the American dream.

The views and opinions are those of the speakers, and should not be considered financial, tax, or legal advice. Consult your advisor for any legal, cross-border tax, and financial advice.The International Money Cafe Economía Educación Finanzas Personales Política y Gobierno
Episodios
  • Ep 63: What Is English For "DIIRSP"? (Delinguent International Filing)

    Ep 63: What Is English For "DIIRSP"? (Delinguent International Filing)
    Feb 11 2026
    Manasa discusses the Delinquent International Information Return Submission Procedures (DIIRSP) offered by the IRS.

    This program allows individuals who have missed filing certain international information returns but have no additional taxes owed to file late without penalties.

    She covers eligibility criteria, the filing process, and best practices to ensure a successful submission.

    Takeaways
    • DIIRSP is a penalty-free option for missed international forms.
    • Eligibility includes not being under IRS audit and no additional taxes owed.
    • Common forms covered by DIRSP include 5471, 5472, and 8938.
    • A reasonable cause statement is crucial for DIRSP submissions.
    • Filing must be done by paper to a specific IRS address.
    • Timely filing increases the chances of acceptance by the IRS.
    • The DIIRSP is not for hidden income issues, only paperwork compliance.
    • Don't DIY as mistakes can be very expensive (tens of thousands)

    Chapters
    • 00:00 Understanding DIRSP: A Lifeline for Tax Filers
    • 06:43 Best Practices for Filing DIRSP

    Episode Links and Resources

    • Ep 45: What Is English For "Streamlined Filing Procedures
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    The IM Café Finance / Tax Roastery (Store) Is Live


    Grab "the Comprehensive Checklist for Foreign Nationals on Work Visas Leaving the U.S." currently on sale, to celebrate our 50th episode.

    If you'd like to work with us on your finances or taxes, check out the process

    ---------------------------------------------------------------------------------

    Be sure to join the conversation by visiting our page: The International Money Cafe

    Or by following us on social media:- LinkedIn; Instagram; Twitter (X); Facebook.

    ------------------------------------------------------------------------------------
    The speakers' views and opinions discussed in this episode should not be considered financial, tax, or legal advice. Consult your advisor for any legal, cross-border tax, and financial advice.
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    8 m
  • Ep 62: Mind The Gaps - 5 Top Cross-Border Pitfalls To Avoid!

    Ep 62: Mind The Gaps - 5 Top Cross-Border Pitfalls To Avoid!
    Jan 28 2026
    We discuss the top five blind spots that foreign nationals often encounter in their cross-border finances.We cover misunderstandings of your individual financial situation, the risks of false economies, the need to report foreign assets, and more. We also touch on cultural adjustment and the importance of being prepared for potential changes in residency/immigration status.TakeawaysDon't assume your financial situation is the same as othersFalse economy - Pay for professional servicesYour cultural background significantly influences financial decisions.Comparing financial systems between countries is just badForeign assets must be reported to avoid severe penalties.Estate planning is essential, regardless of wealth.Understanding U.S. tax obligations is crucial for foreign nationalsPreparation for potential changes in residency is vital. A comprehensive checklist can help plan for cross-border transitions.Chapters 00:00 Identifying Blind Spots in Cross-Border Finances03:00 Understanding False Economies in Financial Decisions05:51 Cultural Adjustments and Financial Planning09:05 The Importance of Reporting Foreign Assets11:55 Estate Planning Essentials for Foreign Nationals15:11 Preparing for Potential Changes in Residency (immigration status)Episode Links and ResourcesEp 45: What Is English For "Streamlined Filing ProceduresEp 34: What Is English For "FBAR"Top 5 Things To Know About FBAR FilingIRS FATCA Thresholds-----------------------------------------------------------------------------The IM Café Finance / Tax Roastery (Store) Is LiveGrab "the Comprehensive Checklist for Foreign Nationals on Work Visas Leaving the U.S." currently on sale, to celebrate our 50th episode.If you'd like to work with us on your finances or taxes, check out the process ---------------------------------------------------------------------------------Be sure to join the conversation by visiting our page: The International Money CafeOr by following us on social media:- LinkedIn; Instagram; Twitter (X); Facebook.------------------------------------------------------------------------------------The speakers' views and opinions discussed in this episode should not be considered financial, tax, or legal advice. Consult your advisor for any legal, cross-border tax, and financial advice.
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    20 m
  • Ep 61: What Is English For "FATCA & FBAR Reporting"?

    Ep 61: What Is English For "FATCA & FBAR Reporting"?
    Jan 14 2026
    We discuss the complexities surrounding FBAR and FATCA, two acronyms that often cause confusion and concern for foreign-born individuals.We explain the importance of compliance with these regulations, the filing requirements for U.S. citizens and U.S. tax residents (includes foreign nationals on work visas), and the potential penalties for non-compliance.And yes, the IRS knows about your overseas assets. We also cover the amnesty programs available for those who have missed reporting their foreign accounts.Takeaways FBAR and FATCA are crucial for foreign-born individuals.Filing the FBAR form is mandatory if accounts exceed $10K.FATCA requires reporting of foreign accounts to the IRS.Banks report account information to the IRS under FATCA.Non-compliance can lead to significant penalties.Amnesty programs exist for those who missed filings.IRS is aware of foreign accounts through intergovernmental agreements.Rectifying non-compliance is possible and essential (But don't DIY)Chapters 00:00 Understanding FBAR and FATCA03:16 The Importance of Compliance07:57 Filing Requirements for U.S. Citizens Abroad12:25 Amnesty Programs and Penalties14:56 Rectifying Non-ComplianceEpisode Links and ResourcesEp 45: What Is English For "Streamlined Filing Procedures"?Ep 34: What Is English For "FBAR"?Top 5 Things To Know About FBAR FilingIRS FATCA Thresholds-----------------------------------------------------------------------------The IM Café Finance / Tax Roastery (Store) Is LiveGrab "the Comprehensive Checklist for Foreign Nationals on Work Visas Leaving the U.S." currently on sale, to celebrate our 50th episode.If you'd like to work with us on your finances or taxes, check out the process ---------------------------------------------------------------------------------Be sure to join the conversation by visiting our page: The International Money CafeOr by following us on social media:- LinkedIn; Instagram; Twitter (X); Facebook.------------------------------------------------------------------------------------The speakers' views and opinions discussed in this episode should not be considered financial, tax, or legal advice. Consult your advisor for any legal, cross-border tax, and financial advice.
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    17 m
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