Foreign Income And Account Reporting

Published: Oct. 7, 2021, 7 p.m.

As a US citizen with foreign accounts that produce foreign income, you should remember that you are taxed on your worldwide income. There is no hiding of assets or income in other countries to avoid taxes.\n\nHawkins Ash CPAs is a full-service public accounting firm providing individuals, businesses and organizations the services they need to save taxes, preserve wealth and maintain compliance. We have offices in Wisconsin and Minnesota.\n\nLearn more at HawkinsAshCPAs.com/.