When the word “taxes” comes up in a conversation or appears in a related article, it attracts plenty of controversies. Most anyone who earns an income will voice their concerns regarding paying income taxes. The average American pays 14% annually in gross taxes and it includes the following: Federal and State … [Read more...] about Taxes in Mexico for Expats
Owning real estate in Mexico, and especially in the Riviera Maya, can have many advantages for you and your family. Having a vacation home in one of Mexico’s most popular destinations and earning extra income is considered having the best of both worlds. Throughout the years, many foreign investors have created a nice … [Read more...] about Tax Obligations on Vacation Rentals in Mexico
While it may be easy to let the days freely flow by while you are enjoying your permanent Mexican holiday, you should remember that yet again tax season has arrived in the United States. Some people feel some confusion on this topic, while living in Mexico, especially if they have established residency. But long … [Read more...] about Uncle Sam is Still Watching you…Even in Mexico!