Officially I am going to conduct my online business from an address in Mexico with a Mexican bank account and a VPN provider. I am tired of not being able to do everything I want from the US. Rather than physically relocated, I will relocate electronically.
Does anyone see any issues with this? I want to nip these in the bud quickly.
Does anyone see any issues with this? I want to nip these in the bud quickly.
You still need to report all revenue to the IRS. You may need to report in mexico as well ( most likely you will be forced to pay taxes there as well as here. ) Also any account holding over 10000 USD held internationally must be declared to the IRS as well.