TAX MYTH MONDAY
Myth: If I earn money abroad, the IRS doesn’t care.
Fact: US tax law often requires disclosure of worldwide income and foreign accounts—even for non-citizens and residents. Failure to report can result in severe penalties, even if accidental.
Have foreign income? Schedule a consult to clarify your obligations.
#TaxMythMonday #ForeignIncome #TaxCompliance #IRS #SiriusTaxGroup
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Sydney Smith MBA CAA
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TAX MYTH MONDAY
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I teach Tax Professionals, Advisors and others in the tax space how to gain a year-round, global clientele by becoming a Certifying Acceptance Agent.
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