AccountantsWorld Daily News Tax Court Grounds Foreign Earned Income Exclusion for Pilot (Accounting Web) - Generally, if youâre a U.S. citizen or a resident alien of the U.S. living abroad, you are taxed on your global income. However, if certain requirements are met, you may qualify for a foreign earned income exclusion. In a new case, Bellwood TC Memo 2019-135, 10/7/19, a pilot who worked in a foreign country claimed the exclusion, but the Tax Court denied it. ADVERTISEMENT Share our news via Twitter and Facebook, on your personalized news page. MORE HEADLINES Why Passwords Fail (CPA Journal) - Companies spend hundreds of millions of dollars each year on identification and access management (ID&AM) programs, yet the return on these investments is, for all intents and purposes, zero. With 81% of all cyberattacks occurring as the result of employee action or inaction... IRS Says 2 Million ITINs To Expire In 2019, Encourages Taxpayers To Renew Now (Forbes) - The Internal Revenue Service (IRS) has issued a reminder to taxpayers with an expiring Individual Taxpayer Identification Number (ITIN) to submit renewal applications. Failing to renew an ITIN by the end of the year may cause refund and processing delays in 2020. 16 Useful Gems in Appleâs New iOS 13 iOS 13 (NY Times) - Appleâs new operating system for the iPhone, comes with tons of new tools under the hood. Here are some of the most helpful. Massive American Dream Mall to Open But Will Shoppers Come? (AP News) - More than two decades ago when a mega entertainment and shopping complex was being conceived on a vast swath of swamp land in New Jersey, the iPhone didnât exist, Amazon was only selling books online and malls were where you went for all your shopping needs. Taxation Tax Court Grounds Foreign Earned Income Exclusion for Pilot IRS Says 2 Million ITINs To Expire In 2019, Encourages Taxpayers To Renew Now Accounting/Audit Helping Clients Change Property Management Companies Business News Massive American Dream Mall to Open But Will Shoppers Come? These Workers Retire Earlier than Anyone Else | TOP 5 MOST READ How Safe Are Password Managers? The Tax Landmines Of Lending To Family Members 100th Lesson From The Tax Court: The Role Of Innocence In § 6015 Spousal Relief How Tax Pros Can Protect Clients From Cyberattacks When Clients Refuse to Be Advised TOOLS OF THE TRADE Financial Calculators Business Forms & Letters e-BREAKS Bob's BBQ: Bill by the hour? | This is not unsolicited mail. As a part of our commitment to help accountants advance their practices we offer the widest range of the most useful tools and resources FREE to accountants. As a term of membership, you agreed to receive such communication. However, if you wish to unsubscribe to this service, please click on the unsubscribe link. Privacy | Click Here To Unsubscribe |Feedback © Copyright 1999-2011 AccountantsWorld LLC. 140 Fell Court, Hauppauge NY - 11788, USA. All rights reserved. |