Construction companies build the world around us, but they operate with surprisingly tight profit margins averaging around 3.5%. With material costs rising and things getting even tighter in some markets, it’s critical to understand the signs of fraud at your construction company so that you can prevent it and...
2018 foreign income/housing exclusions: Residency/presence tests waived for several countries In a recent Revenue Procedure, the IRS waived the residency and presence tests that apply for purposes of the foreign earned income and foreign housing cost exclusions under the tax code. Specifically, the waivers apply to certain U.S. individuals...
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