Archived posting to the Leica Users Group, 2006/07/13

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Subject: [Leica] OT: Accounting questions - EU/US
From: jon.stanton at comcast.net (jon.stanton@comcast.net)
Date: Thu Jul 13 08:41:39 2006

Pastor Ken,

I can certainly confirm that there are many special considerations with 
Clergy tax returns...I have specialized in them the past 10 years or so... 
(FYI the Richard Hammar book on Clergy returns is the authoritative 
resource) Additionally, with my working in Silicon Valley  I prepared many 
many returns with International consequences (all those engineers working 
here on Visas). I have worked in Olympia, WA. for the past 4 years and due 
to the proximity to Ft Lewis I have seen dozens of 2555's (Foreign Income 
Exclusion) not for the soldiers but for truck drivers, security guards, 
construction people, "civilian contacors"  If conditions are met ....you can 
exclude up to $80k per year in income....Look up Pub 54 on the IRS.gov 
website. You can certainly bet the Government "monitors" all financial 
transactions under the excuse of "drug laundering" and "National Security" 
The IRS surely has access to those records and can request that you identify 
what they are...... e bay has refused to
 disclose transaction records to the IRS....even so....I report my profits 
from sales on e bay to the IRS...It just makes things easier...

jon