Introduction Medicaid waiver payments are made to caregivers providing home and community-based services (HCBS) for individuals with disabilities or medical conditions. However, the tax treatment of these payments depends...
Introduction Tips are taxable income and must be reported to the IRS. Many employees in service industries (e.g., restaurant workers, bartenders, and hotel staff) receive cash tips, credit card...
Introduction Employers are required by the IRS to issue Form W-2 (Wage and Tax Statement) to employees by January 31 each year. However, some employees may not receive their...
In the digital age, where cryptocurrency has become a significant part of our financial landscape, understanding the complexities of crypto taxes has become more important than ever. With the...
Introduction The IRS provides special tax relief to widowed taxpayers through the Qualifying Surviving Spouse (QSS) filing status. This status allows eligible individuals to continue using the Married Filing...
Introduction The Social Security Number (SSN) is one of the most critical pieces of information on IRS Form 1040. The IRS matches the SSN provided on tax returns with...
Introduction As an Indian citizen, forming a US Limited Liability Company (LLC) in Delaware can be an attractive business venture. However, navigating the complexities of US taxation can be...
Introduction As an Indian citizen, navigating the complexities of the US tax system can be overwhelming, especially if you’re living and working in the United States or earning income...
The Essential Guide to Keeping Your Tax Obligations in Check As a US resident living abroad, managing your tax obligations can feel overwhelming. Missing a crucial tax deadline could...
Don’t Miss Out on Your Refund: Key Deadlines Every US Expat Needs to Know! If you’re a US resident living abroad, navigating the complexities of tax filing can feel...