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Posts Tagged ‘irs tax return’
Business Tax Myths to Watch Out For
The IRS keeps a close watch on business tax returns. In 2015, the tax agency examined early 62,000 business returns, a slight increase from 2014. Typically, those with income and larger businesses have greater chances of being examined. Unintentional errors or simple oversights can be dangerous for businesses. A single error can call into scrutiny not only your tax information for 2015, but possibly from previous years. ...
Working Abroad and Your Tax Obligations
For Americans working abroad, most of the tax filing and reporting requirements are the same as it applies to those residing in the U.S. If a person is a citizen of the United States (even those with dual citizenship), they are required to report and pay taxes on their worldwide income. U.S. citizens, resident aliens and those holding a green card when working abroad are considered ‘taxpayers living abroad’. U.S. Taxpayer Identification Number To file a tax ...
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