This section of the tax organizer is about foreign assets (held in another country) and business income (which goes on your personal tax return). We talk about what qualifies as a foreign asset, who needs to fill out the business income pages, expenses, cost of goods sold, and using your vehicle or home for work. The video is based on our tax organizer at Griffing & Company, P.C., but the information requested by other CPA firms will be similar.
