Quote:
Originally posted by BVF
I don't know if y'all realize this but you are aware that ANY us citizen that earns his income while not in the united states doesn't have to pay tax on the first 70K of income he makes. If you're a US webmaster and are doing your sites from mexico, you don't have to pay tax on the first 70k. Of course you still have to file the tax forms.
So if a US citizen doesn't have to pay tax on the first 70k, I am sure that this applies to foreigners with US companies.
Another option to not pay Federal tax is to do your business in Puerto Rico. After you have established your residency for a year there. you don't have to pay ANY federal tax on any of the shit you make.
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you fucking people here are unbelievable.
you are W R O N G
to qualify for "Foreign Earned Income Tax Exclusion" you must be out of the US for 330 days out of that tax year. You then qualify for an exemption on the first 70,000.00 of income.
i cant imagine any other place on the net with more fucked up and backwards people passing out retarded business and legal advice.