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When providing services internationally, two kinds of taxes are relevant: income taxes sales taxes or VAT These are completely independent. Income Taxation There is a US–German tax treaty[1]. When providing independent professional services[2], the location where you perform your service or have your establishment is relevant, but the location of the ...


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First, Net income and Gross income are two different line items on the P&L. Second, the short answer is "you'll have to factor other things", maybe. The P&L will have most of the components, but (depending on the thoroughness your Chart of Accounts), some elements may not be needed, others not clearly present, still others that are needed but not ...


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Here is a tax 1040 simulator: https://www.jacksonhewitt.com/tax-tools/tax-refund-calculators/1040-tax-calculator/ -- There is actually quite a number of them if you google for "1040 Tax Simulator" The main points to know about for filing taxes is the following from my research thus far: Know the difference from a deduction and a tax credit. A deduction ...


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