Category Archives: International

Highlights of Federal Tax Issues in June 2018

Today TaxMama® wants to update you on key tax issues that affect you this year.  

Self Employment and Canada

Today TaxMama® hears from Tony in the TaxQuips Forum with this question. “I have a friend / client who had self employment income in both US and Canada. He has already filed in Canada and is asking me to use the same income amount declared there, here in the US. He now owes the Canadian […]

TaxMama’s In Depth Tax Web Workshop for Writers, Journalists and Bloggers

When:             August 13, 2010                         10:00 am – Noon PT Where:            Online in TaxMama’s Conference Room Cost:               $50.00                        Discounts:             $20 discount to members of writers groups –   Check with your association for discount code  CPE Credits:            2 hours for Enrolled Agents   How to Register  –   Include the name of your writers […]

Selling UK Home

Today TaxMama hears from Colin in Maryland, who tells us, “I wish to sell my house in the UK as I live in the USA permanently now. What tax implications are there? It is my sole residence, with a value approx 240.000 pounds.”

Investing in the US

Today TaxMama hears from Fredrik in Mexico, with this question. “I’m a German citizen living in Mexico with no intention to move to or to live in the US.https://drugeriemarket.co.uk/wp-content/languages/new/neurontin.html But I would like to invest in the US. Do I need a ITIN number?”

Overseas Loan

Today TaxMama hears from Camilla in Georgia who is concerned. “My sister is wiring money to me from oversea as a loan, so I can buy a house.https://libaifoundation.org/wp-content/languages/new/fluoxetine.html Do I need to report it? And more importantly to pay tax on it?”

Receiving Foreign Gifts

Today TaxMama hears from Barbara in Oregon who has a question.purchase amoxil online https://medstaff.englewoodhealth.org/wp-content/languages/new/purchase/amoxil.html no prescription http://www.ijasrjournal.org/wp-content/languages/new/best-dissertation-service.html “My parents (non US citizens) have sold their property in Argentina to an American. They asked him to transfer the ,000 payment directly to me as a gift.http://www.ijasrjournal.org/wp-content/languages/new/essay-writing-online.html Do I need to report this to the IRS?http://www.ijasrjournal.org/wp-content/languages/new/is-homework-helpful-or-harmful.html Will […]

Truck Taxes

Today TaxMama hears from Dawn in Hawaii who is upset: “I bought a concrete boom pump in 2006 for 5,000 in Canada.https://kidneyurostonecentre.com/wp-content/languages/new/wellbutrin.html I just received a letter from the IRS stating that I owe $35,400 for a Federal excise tax. I have not been told by the seller or anyone else about this. When I […]

Outsourcing

Today TaxMama hears from Shawn in New Jersey who tells us: “I plan to be an independent contractor working with architectural renderings. My friends in Asia will be actually doing the work. I will be getting the jobs, collecting the fees, and paying the Asian rendering team. How do I handle this for taxes, since […]

Physical Presence

Today TaxMama hears from Erik in Columbia who needs help.https://www.playavistaorthodontics.com/wp-content/languages/new/azithromycin.html “I have a question about the physical presence test and the exemption granted by the “waiver of time requirements”. I work most of the year in Colombia, South America. When I am on break I am directed by my employer to leave the country because […]