Month: March 2019

Planning to settle abroad post-retirement? Here are a few tax tips!

best-tax-filing-services-in-plano
Most people imagine their retirement nest to be a haven with an amazing view of the sunset each evening. They spend their entire lives saving for their [...]

Tax norms for American Expats: Everything you need to know

american-expats
Often, Americans who move abroad are not aware of their tax obligations to the US government. This happens because they often live under the false belief [...]

IRS waives late tax payment fees

robust-tax-filing-in-plano
Did you miss out on paying your tax liabilities in the fiscal year 2017-2018? We might have some good news for you! The US Federal income tax works on a [...]

What to do next after starting your own business?

best-tax-planning-services-in-plano
Calling on all the budding entrepreneurs out there! Here’s to you - the self-employed, the self-made, the pioneers of the business world! People who pour [...]

Tax Credits for Your Family You Can Write Off

best-tax-planning-services-in-plano
With the tax season in full swing, you must be looking for ways to maximize your tax credits along with gaining hefty deductions. As a family person you [...]

All You Need to Know About W-2 Forms

best-tax-planning-services-in-plano
  As per IRS, every employer engaged in a trade or business who pays remuneration, including non-cash payments of $600 or more for the year for an [...]

Do I need to file 1040 if I’m self employed?

best-tax-planning-services-in-plano
The 1040 form is the standard federal income tax form used to report an individual’s gross income. It is applicable even to the self-employed lot, with a [...]

Are 401K Savings Deductible From Your Taxes?

best-tax-planning-services-in-plano
The 401K is an employer-sponsored plan that allows an individual to replenish their retirement funds in a tax-sheltered manner. The limit is set to be [...]

Is your client the subject of an FBAR examination?

best-tax-planning-services-in-plano
FBAR or Foreign Bank and Financial Accounts report is required to be filed by a person residing in the USA, a domestic partnership, a domestic corporation, [...]