The Secret World of Freeports: How the Wealthy Use Art to Save on Taxes
Billionaires use freeports to store priceless art, avoiding taxes while keeping investments secure and private. Discover how these tax havens work.
November 5, 2024
Tax Central
Navigating U.S. Taxation for Non-Resident Aliens: Essential Insights
Understanding U.S. taxation for non-resident aliens, including residency tests, income types, withholding rules, and employer requirements, made simple and clear.
November 4, 2024
IRS Announces Tax Relief for Hurricane Milton Victims in Florida
The IRS offers tax relief for Florida residents affected by Hurricane Milton, extending filing deadlines until May 1, 2025.
October 29, 2024
Essential Tips for Reporting Tips to Your Employer: What You Need to Know by November 12
Reporting tips to your employer by November 12 is essential for employees to ensure accurate tax withholding and compliance.
October 28, 2024
UK Government Reconsidering Non-Dom Tax Status Reform: Implications for Americans Living in the UK
The UK is reconsidering non-dom tax reforms, sparking concerns about potential revenue loss and impacts on Americans living in the UK.
October 22, 2024
Understanding Individual Tax Credits: Maximize Your Benefits and Save More
Learn how to maximize tax benefits by understanding refundable, non-refundable credits, and carryovers to reduce your tax liability effectively.
October 21, 2024
How the 2025 Social Security COLA Increase Impacts Beneficiaries: A Comprehensive Guide
Discover how the 2025 Social Security COLA increase impacts beneficiaries, taxes, and benefits with key updates and insights.
October 17, 2024
IRS Announces Tax Relief for Businesses and Individuals Affected by Hurricane Helene
Learn about IRS disaster tax relief for Hurricane Helene victims, including extended deadlines, deductions, and key financial benefits.
October 10, 2024
Selling Shohei Ohtani’s Historic 50/50 Ball? Here’s How Timing Can Save You Thousands in Taxes
Selling high-value sports memorabilia like Ohtani’s 50/50 ball? Discover how timing your sale can save thousands in taxes.
October 4, 2024
Hobby vs. Business: How the IRS Classifies Your Income and Why It Matters for Your Taxes
Learn how to distinguish between a hobby and a business, and understand the tax implications for income, deductions, and compliance.
October 1, 2024
