Annual Taxes - Humor In The Drudgery: Difference between revisions
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Latest revision as of 08:12, 29 July 2026
forresteimold.com
One more week until Tax Day. Have you filed yours yet? I haven't (probably should onboard that, actually), any time I read in USA Today that roughly 47% of Americans won't even have to worry about paying federal income taxes, I start to wonder if I will even bother. Oh sure, there's the threat of prison time for tax evasion, but really, what is the point if half the damn country isn't going expend up and jump off scot-free?
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Basically, the irs recognizes that income earned abroad is taxed the actual resident country, and could be excluded from taxable income with the IRS if for example the proper forms are filed. The source of the income salary paid for earned income has no bearing on whether involved with U.S. or foreign earned income, however rather where operate or services are performed (as a example a good employee discussing the U.S. subsidiary abroad, and receiving his salary from the parent U.S. company out for the U.S.).
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