Taxes
Latest in Taxes
U.S. Tax Forms Explained: Information Returns You May Receive Before F…
Learn how to manage 2026 tax filings by correctly identifying and reconciling information returns. This resource covers key forms for…
ITIN Application Guide 2026: Step-by-Step with Form W-7
The 2026 ITIN guide details how to apply using Form W‑7 and a tax return. It highlights the importance of…
NRI Transfers to Indian Parents: Gift Tax Rules and Residency Explained
NRIs gifting money to parents in India face no Indian tax due to relative exemptions. However, U.S. tax residents must…
Portugal Residency-Driven Investing for NRIs: Lifestyle, Mobility, and Tax Planning
Portugal offers NRIs a pathway to EU residency and citizenship through various investment and income-based visas. Key considerations include the…
Singapore for NRIs: Capital Preservation and Low-Tax Global Wealth
NRIs in the U.S. must report Singapore-sourced income and assets despite Singapore's territorial tax status. U.S. residency triggers worldwide taxation,…
Alaska State Income Tax Rates and Brackets for 2026: No Tax
Alaska will have no state income tax in 2026, eliminating state-level brackets and withholdings. However, federal taxes still apply, requiring…
No Blanket Wire Ban on Public Assistance, Officials Clarify
The U.S. Treasury has implemented new anti-fraud reporting measures in Minnesota, specifically targeting Hennepin and Ramsey counties. International transfers over…
Sell or Hold Foreign Mutual Funds: A Practical Guide for Immigrants
Foreign mutual funds are classified as PFICs by the IRS, requiring complex annual reporting via Form 8621 for U.S. tax…