4.3.1 (a) Residence of IndividualsUnder U.S domestic tax law, all individuals are subject to U.S tax, unless specifically exempted.U.S citizens are subject to U.S. tax on a worldwide...
Investments can provide an additional income stream, both while you are working or during your retirement. But there are also the potential risks that come with an investment that...
If your employer does not offer a retirement savings plan, it can be difficult to take the next step to begin the process of saving for retirement. However, the U.S. Treasury Department...
For those who are self-employed, such as painters, freelancers and various other professions, the reality is that you may not always receive a 1099 from the various individuals who...
For small businesses that have chosen to incorporate, there are some unique aspects to consider when it comes to the taxes that your corporation will pay on capital gains. Capital...
For a variety of businesses that have chosen to incorporate, there are some unique aspects to consider when it comes to the taxes that your corporation will pay on capital gains, which...
Investors do not typically choose their investments based on their potential tax liability. However, during the tax filing season, all your investments and dividends will now play...
Running your daycare business from home can be a satisfying, but also stressful experience. Not only that, but you also have to manage all your bookkeeping, including tracking your...
For many taxpayers, determining residency can be as simple as indicating that you are a legal U.S. citizen. However, for those who are nonresident aliens, the tax implications are...