Tax Payer

Investing in Indian PFIC? Ensure You Report Them

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The IRS mandates that the citizens and residents of the United States need to pay taxes on all their global income. Thus, if you are a US permanent resident [...]

Where’s My Refund: How To Check Your Refund Status?

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Now that the tax season is officially over, tax refunds are the talk of the town! From the moment one files their returns, eligible tax returns are something [...]

How TCJA has affected alimony payments

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Divorce can be tough, both emotionally and financially. This becomes even worse for people who land on the wrong side of the alimony wagon - the added [...]

Get An Extension On Your Tax Filing Deadline

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The clock is ticking away. The deadline for filing your taxes is getting nearer. Are you feeling the heat? For most taxpayers, 15th April is the final day [...]

Loads of Tax Benefits for Independent Real Estate Owners

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There’s great news coming your way if you are an independent landowner or a real estate owner. The tax season is stressful for most people and is [...]

How Tax Reform Affects IRS Moving Deductions

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Often people end up changing cities for a better job opportunity or simply because they are expanding or shifting their existing business. Such a move [...]

Tax norms for American Expats: Everything you need to know

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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

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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 [...]

Are 401K Savings Deductible From Your Taxes?

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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 [...]

Demystifying Life Insurance – one myth at a time

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Life Insurance policies are often surrounded by a canopy of myths and confusion. This is mostly due to a lack of awareness which leads to a lot of hesitant [...]