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...
When it comes filing your tax return, your filing status can make a big difference on the size of your tax liability. Additionally, your tax filing status can even determine if you...
For United States citizens who have foreign bank accounts, there are several reporting requirements that come around within the time frame of tax time. These accounts are being aggressively...
Throughout the year, many of us contribute to various charities, providing our time, money and various goods to assist the charity in their mission. By tracking these donations and...
During tax time, there are a number of decisions that you can make that are going to influence how you are going to do your tax return, which deductions you are able to take in, and...
Tax refund time can be a way to pay for that big splurge, pay down debt or even increase your savings. However, many taxpayers may be surprised by the size of their refund. If you...
Filing your taxes can be a big deal. You want to make sure that you are filling out all the paperwork properly, but sometimes things get missed. There are a lot of rules to follow,...
There are numerous reasons why the IRS may decide to do a tax audit on your return. Most of these are just to check out that the information you provided is correct. In other cases,...
Getting ready for retirement is an important part of life. We do not live in a society where it is possible to just stop working when we get older and have everything taken care of....