Tax Exemptions” Please respond to the following:
- You are a CPA and a client has asked you to advise them on how to exclude U.S. income tax on money earned while he was working in a foreign country. Recommend a strategy to your client that will minimize the U.S. tax obligations. Support your recommendation with examples.
- Based on the discussion above, create an argument to eliminate any type of tax exemptions for U.S. taxpayers working abroad. Support your argument with examples