What Is a Resident Alien for Tax Purposes?
Resident aliens are living and working within the United States, and therefore pay similar taxes to U.S. citizens. However, the tax process can be complicated by various forms that are…
Resident aliens are living and working within the United States, and therefore pay similar taxes to U.S. citizens. However, the tax process can be complicated by various forms that are…
The Senate Finance Committee released an article last week highlighting changes they plan to make to the current international taxation system. These changes will be made in an effort to…
President Biden announced a new infrastructure plan last week that he has dubbed “a once-in-a-generation investment in America.” Biden promises that this infrastructure plan will create millions of good-paying jobs,…
The 200-page Tax Cuts and Jobs Act (TCJA) was passed in 2017 and still has officials and tax experts questioning tax codes and compliances in 2021. The TCJA made many…
For this week’s in review, we discuss a remaining issues in obtaining forgiveness on PPP loans provided to employee-owners, commentary on Democratic nominee Joe Biden’s proposed tax plans, and the…
For this week’s in review, we discuss a recent uptick in American Expats renouncing their citizenship, new California law on foreign companies, how companies affected by COVID should be looking…
For this week’s in review, we are looking into the IRS’s final rules on the foreign dividends received deduction, potential tariffs by Trump, the end of extradition and shipping tax…
For this week’s in review, we are looking into the IRS outreach to those who have received all of their stimulus payments, the IRS refocus on audits and examinations on…
For this week’s in review, we are providing a practitioner’s insight on the newly released final Foreign Derived Intangible Income deduction regulations, updates from the IRS on their plan to…
For this week’s in review, we are providing two practitioner insights on how expenses covered by the PPP loan will be treated as well as some top IRS audit triggers,…