Tuesdays With Morey - Tax Tips®

If you haven’t filed your taxes or think you may have made a mistake because you didn’t understand the tax code or foreign earned income credits, contact Morey’s office, Glazier Financial today. They will look over your past 3 Federal returns and supply you with an analysis to help you plan for your financial future. In addition, they will make certain you have the necessary tax forms filed. As a US citizen, you have a tax liability for life, no matter where you choose to do business or reside.   Key Takeaways: [1:14] Morey shares important information for expats [2:55] Teaching CPAs and attorneys in the pension administration business [3:33] Determine why you are going offshore [4:14] Some expats don’t even file tax returns [5:44] Hidden tax implications in US non-tax related bills [6:57] Foreign countries want your tax money too [7:45] The IRS looks at the variances in tax returns [9:32] A computer may not pick up the same things a tax planner does [10:29] Foreign income could be considered Subpart F Income