Just when I was planning on publishing my post on foreign free lance income and tax consequences- the big news headline of 2017 dropped! Today special prosecutor, Robert Mueller brought charges against Manafort & Gates for money laundering and foreign bank accounts among any other things. While those fireworks continue and you think that you may not be in the same league as them, let me assure you that many U.S. citizens who live abroad and have freelance income do not understand its tax implications.
Tag Archive for Soccer
Ever since the United States hosted the World Cup Finals in 1994, soccer has struggled to find a place in the overwhelmingly crowded American sports landscape. So, if you subscribe to the theory that there’s no such thing as bad publicity, the recently-unsealed indictments in New York may be the best thing to happen since internationally-renowned striker and noted metrosexual David Beckham joined the Los Angeles Galaxy in 2007.
The indictments certainly weren’t good news for the 14 people named in the court documents; six of which have already entered guilty pleas. The list is a veritable who’s who at Fédération Internationale de Football Association (FIFA) and Confederation of North, Central American and Caribbean Association Football (CONCACAF). Of particular note to fans are the allegations that these FIFA luminaries accepted blood money in Read more