Printer Friendly Version
Email this thread to a friend
|
Featured Web Site Template |
|
There are 0 guests and 1 members in the forums right now.
Reflects user activity within the last 5 minutes
|
|
| Member |
Message |
Curt
Joined: Eons Ago
# Posts: 3736
|
Posted: 2007-Oct-19 22:48
It seems that americans are paying taxes on income earned within the USA when they do not need to pay taxes on that kind of income.
See this URL and listen to the MP3's:
[link]
Is the IRS lying to us that we all owe taxes on domestically earned income? What are your thoughts based on the recordings?
|
 |
Curt
Joined: Eons Ago
# Posts: 3736
|
Posted: 2007-Oct-24 22:45
Wow, thought tax payers would have something to comment on—guess not.
|
|
ClickIt
Joined: Jul 31, 2000
# Posts: 742
|
Posted: 2007-Oct-25 02:40
No, the IRS isn't lying to you. Actually, US citizens owe taxes on income - even if the income is earned outside of the US. So, if you get a gig to work in Japan, you will owe US taxes on the income earned in Japan. However, the US has tax treaties with most countries; if you pay taxes in Japan, the US should take that into conseraration when figuring out your US tax bill. Overseas investment income is taxed too.
Speak with a good tax accountant who has experience in this area. It's easy to mess this up.
|
|
Curt
Joined: Eons Ago
# Posts: 3736
|
Posted: 2007-Oct-27 13:49
ClickIt, did you actually listen to the radio shows on that page and understand what that person is saying? IT sure makes a person wonder. There are technical issues listed within the tax guidelines that seem to point in a different direction. I'm not one to make waves with the IRS. They can make your life a living H-E-double hockey sticks.
However, I sure would like to know the real truth and thought others here would really like to hear the radio show for themselves.
|
|
ClickIt
Joined: Jul 31, 2000
# Posts: 742
|
Posted: 2007-Oct-27 18:53
Whoosie!
I've been having conversations with my tax accountants recently, and perhaps my other post was more a reflection of what's bouncing around in my own head rather than a thoughful commentary about your post.
|
|
Curt
Joined: Eons Ago
# Posts: 3736
|
Posted: 2007-Oct-28 06:36
What did your tax accountants say?
See also this page: 31 Questions and Answers about the Internal Revenue Service. That page has quite a bit of interesting info on it that USA citizens would want to read.
BTW, many tax accountants don't know the IRS codes well enough to truly decipher what's legally owed versus what's claimed as owed.
|
|
You are not permitted to post messages in this forum or topic, because of one or more of the following reasons:
- You have not yet logged in, or registered properly as a member
- You are a member, but no longer have posting rights.
- This is a private forum, for which you do not have permissions.
If you are a recent member, it's possible that you simply have not yet confirmed your account. Please
check your email for a message entitled 'JimWorld Forums: Confirm Your Account' and follow the instructions
contained within.
If you cannot find this message, click here to Re-Send it.
|
If you are still experiencing problem, please read the
Login Assistance
Article for some advice on what may be causing your login not to work properly.
|
Switch to Advanced Editor and ...
Create a New Topic
or Reply to this Thread
|
|
Inbox
