In 1975 I watched Jimmy Ellis blast through the pack at the LA Coliseum on a bike that virtually no one else was riding. I was so impressed with his performance that I bought my first Can-Am shortly afterward. I eventually purchased a Can-Am dealership (1980-82) and started working with a factory support rider. To the dismay of many, Bombardier stopped making Can-Am motorcycles in the mid 80's. After I searched the Internet for information about Can-Am motorcycles and found nothing, I decided to create this page for those of you who might share an interest in these machines.
From the IRS: ....foreign earned income is income you receive for services you perform in a foreign country during a period your tax home is in a foreign country and during which you meet either the bona fide residence test or the physical presence test..
Also, fraudulent claims of self-employment income and business expenses to qualify for or maximize EITC are increasing. Following are the questions most frequently asked by preparers about earned income, self-employment Income and business expenses. What is Earned Income? Earned income includes all the taxable income and wages from working either as an employee or from running or owning a business. It also includes certain other types of taxable income. Earned income includes: Wages, salaries, tips and other taxable employee pay; Net earnings from self-employment; Union strike benefits