What part of my compensation does the IRS consider taxable income?
In general, the IRS considers mostly all forms of compensation worldwide as income. This includes:
- Salaries and commissions
- Education, travel, housing and other allowances
Other cash and benefits received for personal service
All About Randall Brody
Randall is the Founder of Tax Samaritan, a boutique firm specializing in the preparation of taxes and the resolution of tax problems for Americans living abroad, as well as the other unique tax issues that apply to taxpayers. Here, they help taxpayers save money on their tax returns.