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

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...

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

Donating to charity feels good — and when you plan it well, it can help you save on taxes too. Here’s what every taxpayer should know...

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

Why Estimated Taxes Exist The U.S. tax system is pay-as-you-go, which means taxpayers are expected to pay taxes as income is earned, not...

Tax season can bring stress, especially if you find yourself owing the IRS more than you can afford to pay immediately. But don’t panic!...

As an Enrolled Agent with over a decade of experience in tax preparation, I know that U.S. taxpayers living abroad often face unique...

As a taxpayer, protecting your personal information has become more important than ever—especially when it comes to your tax return. One...

Side gigs are more common than ever. Whether you’re driving for a rideshare service, selling on Etsy, tutoring online, or freelancing...

Common Tax Traps for U.S. Expats—and How to Avoid Them

As we welcome the Year of the Snake, a symbol of wisdom, transformation, and resilience, may this year bring you endless opportunities,...

As we step into the 2025 tax season, staying on top of important deadlines is critical to avoid late fees, penalties, or missed...

Recovering from the devastating California wildfires can be overwhelming, especially when financial hardship adds to the burden. Beyond...

2024 tax returns and most eligible tax filings have been extended to October 15, 2025 for taxpayers living in the LA disaster zones.

Did you just move to the US? If yes, then it's essential to understand your situation and whether you are required to file a U.S. tax return

Let’s explore who needs to file and why it might be beneficial to do so, even if you’re not legally required.

Happy New Year from MKHS Tax Group!