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DEATH BY TAXES
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"You don't Pay Taxes - They Take Taxes." - Chris Rock
"You don't Pay Taxes - They Take Taxes." - Chris Rock

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If you are living overseas, your taxes are much more complicated than domestic taxes in the US. This is why many people who file expat tax in the US end up getting a bill for fines, penalties, and interest that they may not have known existed. If you are…
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If you are a U.S. citizen residing or doing business in a foreign country, you are obligated to report your income to the IRS, as well as to stay in compliance with the foreign country’s tax laws. Failure to do so can result in hefty fines, seizure of…
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What Is the Offshore Voluntary Disclosure Program? The Offshore Voluntary Disclosure Program (OVDP) is an IRS program to help lessen penalties for US taxpayers who knowingly did not report foreign earnings or assets. Here are ten of the main reasons why…
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The Research and Development Tax credit is useful for companies to reduce their Federal tax bills. The R&D tax credits were introduced in 1981 to provide tax incentives to companies incurring research expenses. It was primarily done to encourage companies…
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Living abroad can be exciting. Taking in the experiences of a new culture is an enriching opportunity that will enhance your life. However, it’s important to remember that living abroad isn’t just a semi-permanent vacation. Having an exotic zip code…
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The Federal R&D tax credits were introduced by the US government to encourage invention and boost investment in the country. According to 2014 R&D credits report, over 100,000 taxpayers claimed more than $12 billion for research work performed by their…
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Many American citizens move to another country for various reasons. Some because they prefer the weather in another country, others because they want to experience a different culture; they’re entrepreneurs with an internet business so they can live…
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Research and Development is an area where not many companies can venture. This is because there is a huge amount of risk involved in running such business. There are two types of risks involved: o  Capital expenditure: There is not deterministic…
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Research and Development is an area where not many companies can venture. This is because there is a huge amount of risk involved in running such business. There are two types of risks involved: o  Capital expenditure: There is not deterministic…
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