tax Archives

Finance

Filing Your Taxes While Living Abroad

Do I File Taxes If I Leave The US? One of the interesting aspects of being an American citizen is that you are legally obligated to pay American income taxes…

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Belize

Going Global: Belize’s Financial Sector

Going Global: Belize’s Financial Sector Belize has long since been a preferred offshore destination of mine. I feel that the country is slowly coming to realize its economic and financial…

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Finance

Guide to Foreign Tax Credit, Foreign Tax Treaties and Foreign Housing Exclusion

Guide to Foreign Tax Credit, Foreign Tax Treaties and Foreign Housing Exclusion Tax exclusion and tax credits are the gateways to long-term financial stability. As you go up to higher…

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Your Plan B

Bankruptcy and Taxes

If you have a tax debt, the rules for bankruptcy and taxes are simple, but often misunderstood. If you miss a deadline by even one day, you might bet stuck…

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Your Plan B

Should I Fear the IRS?

The answer to the question of whether you should fear the IRS depends on what you are doing to resolve your tax debt. If you are filing your returns, hiring…

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Your Plan B

IRS Budget Cuts Good News for Some

IRS Budget Cuts IRS budget cuts are good news for some with tax debts and bad news for others. If you want to resolve a tax debt quickly and move…

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Your Plan B

Non-filers and Delinquent Tax Returns

If you are a perennial non-filer, or have a few delinquent fax returns, the IRS will eventually catch up with you. In this article, I will tell you why you…

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Your Plan B

Make Your Cash Disappear

Before you set up an installment agreement or file an Offer in Compromise, make your cash disappear. The IRS will seize whatever it can, and many of your expenses will…

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Your Plan B

IRS Tax Debt Relief

If the Service is after you or your assets, knowing your IRS tax debt relief options is the key to saving your cash and your sanity. If you don’t understand…