Step 1 – you’ve determined your eligibility for filing a federal tax return; Step 2 you learned about the various education credits that allow you or your parents to save thousands on taxes for the year; in Step 3 you have a list of useful sources for affordable or free tax preparation...
This year, we have partnered with Sprintax to help you with your taxes. Sprintax are experts in international student tax filing preparation. Their fees start at $14.95 to file Form 8843 (which all international students must file by April 15th) and $35.95 for those students that worked and ...
In both direct and indirect ways, the TCJA made tax filing simpler by making itemized deductions less attractive. In part, this is because of the already-mentioned limit on deducting state and local taxes. But Trump’s tax package also included changes – such as much bigger standard deductions...
Since today is tax filing today for Americans, let’s take the opportunity to highlight two specific unfortunate consequences of the income tax. First, it enabled the modern welfare state. You can see from the chart that the explosion of redistribution spending only occurred after politicians obta...
US Expat Taxation, US Individual Taxation, US Business Tax Returns (Forms 1040, Form 1040NR, 1120, 1120S, 1065). FBAR Preparation International Tax Research Sales and Use Tax Tax Consulting US Tax Training through Webex
Filing indirect tax returns can be time-consuming and challenging, especially in environments with complex regulations. Here’s how 2024 is shaping up for ongoing efforts toward simplification, and the potential impact on businesses. Key Challenges ...
Awareness of Income Tax Filing Requirements among International StudentsEarls, Yuri
When filing tax returns as an expat, you will need to provide key documents and meet deadlines as you would back home. However, because your situation is more complicated, it might be wise to hire a tax professional to help you arrange international filings instead of trying to do it yourse...
permanent resident, or you may be a student here on a student visa. Many people come to us with H1 visas as well. But whether your income is 100% in the United States or 80% in the USA and 20% abroad it is important to talk with a tax professional who understands international tax...
On June 14, 2024, the Federal High Court of Nigeria discharged[1]two executives of the cryptocurrency exchange platform Binance after the Federal Inland Revenue Service (FIRS) charged them with tax evasion. The amended charges by the FIRS effectively dropped charges against Tigran Gambaryan and ...