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Hoots : Do i have to pay taxes if i own a business in mexico and live in the usa? i own a hardware store in mexico and pay my taxes in Mexico every two months because of the fiscal regimen im at(small business. Im a us citizen and - freshhoot.com

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do i have to pay taxes if i own a business in mexico and live in the usa?
i own a hardware store in mexico and pay my taxes in Mexico every two months because of the fiscal regimen im at(small business. Im a us citizen and i need to start paying my taxes in the usa also,who can process my taxes or how can i do them?


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Normally you could either head down to the office supply store and pick up a copy of a tax program, or you could head over to the IRS office and pick up the instructions and forms.

However, in your case you should be talking to a tax lawyer. The unfiled taxes are bad enough but you own a business outside the USA and most likely have bank accounts also. That brings you into the realm of FATCA.


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