Tax Time: Income from abroad is taxable

It is that time of year again - taxes. The best place to start looking for information is the IRS tax information for business pages at the IRS website, but there is a lot of complicated information to try to sort through there. Where does someone start?

The best place to start is to figure out what your filing status is and what kind of income you will need to report. One key point to remember in this digital age where business can be conducted world-wide is that money you make from doing business overseas is taxable income. See Income from Abroad is Taxable on the IRS website for more information.