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Version du 26 février 2025 à 13:40
There is much confusion about what constitutes foreign earned income with respect to the residency location, the location where the work or service is performed, and the source of the salary or fee pay. Foreign residency or extended periods abroad for the tax payer is a qualification to avoid double taxation.
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Another angle to consider: suppose company takes a loss of profits for the year just passed. As a C Corp is actually an no tax on the loss, however there can be no flow-through to the shareholders issue with having an S Corp. The loss will not help your own tax return at nearly all. A loss from an S Corp will reduce taxable income, provided there is other taxable income to scale back. If not, then an incredibly real no income tax due.
Copyright 2010 by RioneX IP Group LLC. All rights booked. This material may be freely copied and distributed subject to inclusion of these copyright notice, author information and all of the hyperlinks are kept in one piece.