Tag: wages
Santa vs Tax Planning
End of the year tax reducing ideas Getting in the Christmas spirit and year-end tax planning mixes like oil and water. Who wants to think about taxes, you ask, when it’s time for Santa Claus and candy canes. It may surprise you to know that because of his investment in a fir tree farm in [...]
Wages vs Self-Employed
The IRS and U.S. foreign nationals living and working abroad Just because you are a U.S. citizens living and working abroad does not mean that you don’t have to report your yearly earnings to the IRS. However, if you pass two tests and qualify for the “foreign earned income exclusion,” you don’t owe any tax [...]
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