For U.S. taxpayers living abroad, two of the most common (and costly) reporting traps are FBAR (Foreign Bank Account Report, FinCEN Form...

One of the most common questions taxpayers ask each year is: “Do I really have to report this as income?”  The IRS doesn’t tax every...

For many Americans, buying a home is not just about building equity and having a place to call your own—it’s also a powerful way to...

Summer has always been a season of long days, sunshine, and (for many of us) a slower rhythm—but at MKHS Tax Group, this summer has taken...

Expanding your business across borders can be exciting — but it also comes with hidden tax risks. One of the most important and often...

If you have kids, there are two major tax benefits that can help reduce your bill: the Child Tax Credit (CTC) and the Child & Dependent...

When it comes to lowering your taxable income, medical expense deductions can be a valuable tool—but only if you understand what...

Living abroad doesn’t always mean you’re done with U.S. state taxes. While many expats focus on their federal tax obligations, some...

The rise of remote work has transformed the tax landscape, and 2025-2026 is a pivotal year as remote employees and self-employed...

If you’re a U.S. citizen or green card holder living overseas and haven’t filed U.S. tax returns in a while, don’t panic—there may be a...

Summer is a great time to earn extra income—whether you’re delivering food, walking dogs, tutoring, or working for rideshare services....

Congress has officially passed H.R. 1 – the “One Big Beautiful Bill”, and it’s now law. This sweeping tax legislation makes many of the...

Working from home has become the norm for many small business owners, freelancers, and remote employees. If you're using part of your...

For many taxpayers, the idea of owing the IRS can feel intimidating — and the thought of extra penalties and interest makes it worse. But...

Big news for taxpayers: Congress passed a sweeping tax package making major changes for individuals, families, and small businesses. If...

Saving for retirement doesn’t just build your future—it can reduce your tax bill today. Whether you’re a W-2 employee, self-employed, or...

Getting mail from the IRS can feel intimidating—but don’t panic. Most IRS letters are routine, and many simply require a response or...

Living abroad can be an exciting chapter in your life, but don’t forget—Uncle Sam still expects a tax return. The U.S. is one of the few...

One of the first decisions new business owners face is how to structure their business. The choice between a sole proprietorship, LLC, S...

Wondering if you can claim your child, niece, parent—or even a roommate—as a dependent on your tax return? You’re not alone! Here’s a...