Starting a new business is exciting, but it comes with big decisions—one of the most important being the choice of your business entity.

PFICs are subject to some of the most stringent tax rules in the U.S., often leading to higher taxes and complex reporting requirements.

Real estate investment can be a great way to build wealth, but if you’re not careful, it can also lead to an unexpected tax burden....

The good news is that the U.S. tax code offers several opportunities to save money and plan strategically for these expenses.

Whether you’re looking to help loved ones, reduce your taxable estate, or support a favorite cause, the annual gift tax exemption and lifeti

Owning an S-corporation offers a range of financial benefits, but it also brings unique tax responsibilities. For S-Corp shareholders...

Taxpayers face a looming deadline for several key tax benefits enacted under the Tax Cuts and Jobs Act (TCJA).

Are you considering a large business purchase before the year ends?

It is now a great time to think about how you can minimize your tax bill.

Before you start celebrating, it’s essential to know how your bonus is taxed and what steps you can take to maximize what you actually keep.

Your tax filing status determines key aspects of your return.

Don’t forget to file your Beneficial Ownership Information (BOI) to avoid any penalties.

Now is an ideal time to assess your retirement contributions and ensure you’re making the most of any tax-saving opportunities.

his post will take a closer look at how the bunching strategy works, who it benefits most, and any potential drawbacks to consider.

High-net-worth individuals can benefit significantly from strategic year-end tax moves, but each of these techniques carries specific risks.

If you still have tax returns to file, the IRS’s upcoming e-filing system shutdown on November 30 is a deadline to keep on your radar.

Navigating U.S. tax obligations while living abroad can be challenging, but taking proactive steps now can lead to significant tax savings.

Today is Election Day—a day where every vote truly counts.

As the end of 2024 approaches, nonresidents who have recently arrived in the US or who are planning to stay into the new year should...

As 2024 approaches its end, small business owners should take strategic steps to optimize their tax position, enhance cash flow, and plan...