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Palazzo Opposes PRO Act in House

| Posted in Expat caucus

Washington, DC - Congressman Steven Palazzo (MS-4) released the following statement today after voting against H.R. 842, the Protecting the Right to Organize (PRO) Act of 2021, which forces workers into one-size-fits-all union contracts and aims to end states' right-to-work laws. "The PRO Act is a bill written to cater to union bosses and stifle workers' rights while forcing hard-working Americans...

Congressional Expatriate Caucus Launches Official Website

| Posted in Expat caucus

Washington, DC - Congressman Steven Palazzo (MS-04) who serves as Chairman of the Congressional Expatriate Caucus, announced today that the caucus has launched their official website. "Our website is set up to serve as an accessible resource to expatriates, regardless of their location in the world. For the 9 million Americans that live and work overseas, our site and social media platforms will a...

Moody's: Next LOGCAP deal could mean some companies see 'minimal activity levels'

| Posted in Expat caucus

Story by Marjori Censer Moody's Investors Service says LOGCAP V, scheduled for award in the spring, will be a "substantial opportunity," but the large number of potential awardees could mean some see a lower level of work. The report, released today, said the program could be a significant boon for some winners. For instance, DynCorp International generated more than 40 percent of its revenue from...

New law makes clear: Combat-zone contract workers qualify for foreign earned income exclusion

| Posted in Expat caucus

WASHINGTON — Certain U.S. citizens or resident aliens, specifically contractors or employees of contractors supporting the U.S. Armed Forces in designated combat zones, may now qualify for the foreign earned income exclusion. The Bipartisan Budget Act of 2018, enacted in February, changed the tax home requirement for eligible taxpayers, enabling them to claim the foreign earned income exclusion ev...