double taxation

Reduce Your Self-Employment Taxes with an S Corp

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Being self-employed is great in so many ways. You have a flexible schedule, you can choose your own clients and of course you get to keep all the upside from your hard work. One big drawback though are the self-employment taxes that you owe every quarter. Thankfully there’s a fairly simple way to avoid those … Read more

Foreign Income Taxes Explained

money bag

People often joke about creating offshore accounts to hide money from the taxman, but the IRS isn’t laughing. In reality, Uncle Sam has an incredibly long reach and no qualms at all about collecting foreign income taxes from money Americans earn abroad. Here’s what you need to know if you’re earning income both in the … Read more