Redefining U.S. Tax Filing: The Free E-File Tax Tools Debate
What’s the big fuss about the IRS’s proposed free e-file tool? Discover both sides of the debate here.
October 19, 2023
Tax
Demystifying U.S. Taxation for Non-Resident Aliens
Non-resident aliens pay US tax on US-source income at US resident rates.
October 18, 2023
Understanding the Tax Implications of Ticket and Merchandise Reselling
Selling tickets at a profit comes with its own set of tax implications.
October 10, 2023
Congress Toying With the Salt Deduction Limitation
There is movement in the 118th (2023-2024) U.S. Congress, which has three bills before it that would liberalize the current itemized deduction limitation on state and local taxes, However, the three bills are vastly different.
October 4, 2023
The Tax Bite of Powerball Winnings: What You Should Know
Dreaming of winning the Powerball lotto? Find out how much money (hint: it’s MILLIONS) you would immediately owe in taxes!
October 4, 2023
Video Tips: Take Advantage of Tax Credits for Energy-Efficient Home Improvements
Homeowners, explore several clean energy tax credits for your home improvements.
September 26, 2023
Foreign Account Reporting for 2022 Due October 16
U.S. citizens and resident aliens with financial interests in or authority over one or more foreign financial accounts (e.g., bank accounts or securities) may need to report these relationships to the U.S.
September 22, 2023
Video Tips: Possible Changes to Your Tax Situation While Getting a Divorce
When couples separate or divorce, the change in their relationship status affects their tax situation. Watch this video for what to note during your tax planning.
September 18, 2023
How Do You Qualify for Innocent Spouse Relief From IRS Tax Problems?
To qualify for innocent spouse relief, you must meet all three of the following conditions. Learn more.
September 18, 2023
IRS Orders Immediate Stop to New Employee Retention Credit Processing
Despite warnings from the IRS, AICPA, and other professional tax organizations many business owners are being misled into filing for the Employee Retention Tax Credit for which they do not qualify.
September 15, 2023
