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Revision as of 13:41, 22 August 2026


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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 supply of the salary or fee payment. Foreign residency or extended periods abroad of the tax payer is a qualification to avoid double taxation.

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I hardly have to inform you that states and also the federal government are having budget issue. I am not advocating a political view over left or right. The facts are there for everyone to have a look at. The Great Recession has spurred federal government to spend to try to get involving it rightly or incorrectly. The annual deficit for 2009 was 1.5 trillion dollars along with the national debts are now amazed to know $13 mil. With 60 trillion dollars in unfunded liabilities coming due associated with next thirty years, the government needs resources. If anything, the states are in worse shape. It is not quite picture.

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