Estate planning, encompassing wills, trusts, powers of attorney, and healthcare directives, is a crucial aspect of financial well-being that too often gets overlooked after the initial setup.
An interesting provision including in The Tax Relief for American Families and Workers Act of 2024 bill would allow taxpayers to elect to apply the 100% bonus depreciation to prior years.
Whether due to missing documents, complex tax situations, or simply needing more time to gather information, filing for an extension can seem like a lifeline. But is it the right choice for everyone? Let’s explore the pros and cons.
Investing in real estate in the United States can be an appealing prospect for non-U.S. citizens, offering opportunities for both residence and investment. However, many non-U.S. citizens wonder if it
The Corporate Transparency Act (CTA) of 2021 introduced significant changes to beneficial ownership reporting, aiming to enhance transparency and combat financial crimes. As of January 1, 2024, the Financial Crimes
Foreign Bank Account Report (FBAR) filing is a critical requirement for U.S. taxpayers with financial interests in foreign accounts. Not everyone is aware of the reporting requirements, which can lead
In this short article, we’ll cover important tax deadlines, our tax prep process, and frequently asked questions.
Gifts, especially those from foreign sources, can carry tax implications that many might not be aware of. When it comes to the intricacies of foreign gift taxes, there are a
Our newsletter helps breakdown complex subjects into bit sized overviews and discusses the most important current topics in the world of tax.