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foreign-sourced income

IRS Issues Warning To Taxpayers About Filing IRS Issues Warning To Taxpayers About Filing
IRS Issues Warning To Taxpayers About Filing With tax season well underway and many Americans scrambling to file before the deadline, the Internal Revenue Service (IRS) is advising of certain details to double-check before submitting the required paperwork. With approximately 25 percent of Americans having already filed in advance of the deadline of Monday, April 18, the IRS posted a new alert warning about four things to keep in mind when filing their taxes. According to the IRS, taxpayers should be aware of these potential tax obligations that involve the gig economy, making virtual currency transactions, earning foreign-sourced inc…