Annual Taxes - Humor In The Drudgery: Difference between revisions
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Revision as of 06:58, 1 November 2024
There is much confusion about what constitutes foreign earned income with respect to the residency location, the location where the work or service is performed, and the source of the salary or fee payment. Foreign residency or extended periods abroad for the tax payer is often a qualification to avoid double taxation.
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Offshore Strategies - A normal area of angst for your IRS, offshore strategies in order to be closely watched. The IRS is hyper responsive to such strategies and attempts to shut them down. In 2005, 68 individuals were charged and convicted for promotion offshore tax scams and several taxpayers were audited with nightmarish comes. If you want appear offshore, be certain to get qualified advice from a tax professional and legal representative. Don't buy something off a affiliate marketing website.
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