What Do U.S. Taxpayers Need to Know About International IRS Tax Audits?
Posted in News on August 31, 2020
The Internal Revenue Service (IRS) enforces taxpayers’ obligations whether they live in the United States or abroad, and whether they incur their federal income tax obligations in the U.S. or overseas. As a result, regardless of where you live, and regardless of where you hold your assets or earn your income, if you underreport or underpay your U.S. income tax there is a good chance that you will eventually be audited by the IRS.
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