Taxes
Need to learn about U.S. taxes? We’ve got everything you need – all in one location.
Latest Articles
US Tax Issues for E-1 Visa Holders
When an individual moves to the United States on a work visa, they are generally treated as a U.S. taxpayer and must comply with the same obligations as U.S. citizens. This article discusses the U.S. tax issues for E-1 visa holders.
IRS Increases Health Savings Account (HSA) Contribution Amounts
The IRS increases the amount of eligible HSA contributions for tax year 2023. This article covers the increases from 2022 to 2023 for both family coverage and self-only coverage.
IRS Form 5884 – Work Opportunity Tax Credits
The work opportunity tax credit is a federal tax credit available to employers who hire employees from certain targeted groups. This article covers the basics of the credit and how to complete Form 5884.
Earned Income Tax Credit (EITC) for South Carolina Taxes
The earned income credit (EIC) is a federal tax credit that helps low to medium income taxpayers reduce their federal taxes each year. Many states have their own version of the credit, including South Carolina.
Earned Income Tax Credit (EITC) for Maine Taxes
The earned income credit (EIC) is a federal tax credit that helps low to medium income taxpayers reduce their federal taxes each year. Many states have their own version of the credit, including Maine.
US Tax Issues for F-1 Student Visa Holders
When an individual moves to the United States on a work visa, they are generally treated as a U.S. taxpayer and must comply with the same obligations as U.S. citizens. This article discusses the U.S. tax issues for F-1 student visa holders.
Owe the IRS Money? – You Might Lose Your Passport…
For those U.S. taxpayers that still owe the IRS some money, you might lose your passport over unpaid debts. This issue largely impacts dual citizens that live abroad.
US Tax Issues for B-2 Visa Holders
When an non-U.S. individual is physically present in the United States for a certain amount of days, they are generally treated as a U.S. taxpayer and must comply with the same obligations as U.S. citizens. This article discusses the U.S. tax issues for B-2 visa holders.
Earned Income Tax Credit (EITC) for Massachusetts Taxes
The earned income credit (EIC) is a federal tax credit that helps low to medium income taxpayers reduce their federal taxes each year. Many states have their own version of the credit, including Massachusetts.
Earned Income Tax Credit (EITC) for Virginia Taxes
The earned income credit (EIC) is a federal tax credit that helps low to medium income taxpayers reduce their federal taxes each year. Many states have their own version of the credit, including Virginia.
US Tax Issues for B-1 Visa Holders
When an non-U.S. individual is physically present in the United States for a certain amount of days, they are generally treated as a U.S. taxpayer and must comply with the same obligations as U.S. citizens. This article discusses the U.S. tax issues for B-1 visa holders that travel to the United States.
Earned Income Tax Credit (EITC) for New Jersey Taxes
The earned income credit (EIC) is a federal tax credit that helps low to medium income taxpayers reduce their federal taxes each year. Many states have their own version of the credit, including New Jersey.
Earned Income Tax Credit (EITC) for Delaware Taxes
The earned income credit (EIC) is a federal tax credit that helps low to medium income taxpayers reduce their federal taxes each year. Many states have their own version of the credit, including Delaware.
Earned Income Tax Credit (EITC) for Connecticut Taxes
The earned income credit (EIC) is a federal tax credit that helps low to medium income taxpayers reduce their federal taxes each year. Many states have their own version of the credit, including Connecticut.
How to Fill Out FBAR (Foreign Bank Account Report)
The FBAR is filed by US persons that have an ownership interest or signature authority over foreign financial accounts.