U.S. citizens must report and pay taxes on their world-wide income, even if living in another country. U.S. taxpayers are also required to disclose foreign bank and financial accounts (FBARs). It’s important to know and follow the rules in order to avoid civil and criminal penalties.
The IRS has published a guide on income tax filing and FBARs for U.S. Citizens or Dual Citizens Residing Outside of the U.S.
Tags: Citizens Living, Living
John Sylvester, co-owner of Sache Clothing on South Main, said competition is good for business, but online retailer Amazon makes it difficult, especially with its tax advantages.
MEMPHIS — Clandestine agents feathered out across the country on Saturday, silently infiltrating the real-world places you shop in order to gather intelligence for online retail behemoth Amazon.com.
The agents were shoppers armed only with a smartphone and Amazon’s new Price Check app. Their mission: Scan bar codes or take pictures of items in brick-and-mortar stores and send those prices back to Amazon for comparison.
The prize: a 5 percent discount or up to $5 off on as many as three items.
Amazon is obviously in the business of making money, not friends. T
GROWTH in house sales, selling prices and margins is on the cards for housebuilder Bellway, it said in a trading update today.
The group, which operates a regional office in Hunts Cross, said, despite the backdrop of global and domestic economic uncertainty, it is well positioned to continue its three-pronged strategy, and its order book, up to November 30, stood at £458m compared with £440m at the same point last year, with 73% of its current annual sales target achieved.
It said in the period from August 1 to November 30 visitor levels and reservations had been “remarkably resilient” with reservations improving by 14% and the average selling price increasing by almost 7%.
Incentives to secure sales continue, but the group has seen a reduction in the use of shared equity. Inste
Tags: Growth, Housebuilder Bellway
Winter’s fast approaching and with it the potential for more flooding and more damage to properties. Households and businesses unlucky enough to be flooded need professional help to dry, clean and restore their properties. If you’re a contractor or tradesman working in a high flood risk area getting professionally trained in structural drying could give your business a competitive advantage as both insurers and property owners look for contractors with expertise in flood issues.
Experts from the National Flood School are running a four day course in Applied Structural Drying this December and next March. The
Tags: Damage, Damage Professionally
The Montgomery Chapter of the National Association of Women in Construction will hold its annual Christmas party and auction Dec. 12 at Montgomery’s Capital City Club, 201 Monroe St.
Networking/hospitality begins at 5:30 p.m. followed by the auction. Refreshments will be served. Prospective members and employers are invited and encouraged to attend.
NAWIC is an international professional association whose purpose is to enhance the success of women in the construction industry.
Tags: Auction Dec, Christmas Party, Dec
Recent Comments