IRS Link to Publication — Found Here
Publication 54 is a guide for those earning income in a foreign country.
There are several tax deductions which might be available and several forms and filing practices that one will need to be familiar with when taking employment elsewhere. US Citizens and long term resident green card holders will need to let the IRS know how much they are making even if they are employed in a foreign country.
Form 2555 is the one used to compute and file Foreign Earned Income. Certain trade agreements and tax treaties might influence how the employee is taxed. Form 673 helps to compute the exemption on foreign income that a worker might be entitled to.
There are deductions and exclusions available for housing costs and just for working abroad since another government might already have taxed the income. It might also be useful for a resident alien to refer to Publication 519, Tax Guide for Aliens.
Resident aliens, which are usually Green Card holders, are taxed under the same regime as US citizens, while nonresident aliens have their own set of guidelines.
Annuities are financial products sold by insurance companies to protect assets against risk and long life expectancies
Lifeline accounts give low-income individuals an opportunity to bank without paying fees or observing a minimum balance
The Golden Cross refers to a breakout candlestick pattern when the short term 50-day moving average for a security exceeds its long term 200-day average
The Accumulation/Distribution Indicator follows the trading volume into or out of a security and shows the degree of correlation between this trading volume and the price
To accept a risk is to bear the burden of loss or replacement if an eventuality occurs that causes an asset to lose value
An uptick is an incremental increase in the trading price of a security. How much this rule works has been debated
Alpha is a risk ratio which measures gains or losses relative to a benchmark. Alpha and Beta are terms normally used in trading
Options can be a valuable tool in portfolio management, but investors should be well-versed in how options work
Over time, a less diversified approach can hurt an investor’s chance of achieving the long-term desired result for retirement
Generally speaking, if your portfolio is run by professional investment managers, you should check the performance...