The Importance of a Reasonable Salary for S Corp Officers
As a business owner, it is important to understand the ins and outs of your company's financials. This includes knowing
The Complicated Process of Summarizing Wash Sales on Schedule D and Form 8949
If you receive RSUs and ESPP shares through your employer, you may already be familiar with the headache-inducing process of
The Potential Tax Benefits of Helping Pay for a Nephew's College Tuition
As a generous family member, you may be considering helping your nephew with his college tuition. This is a kind
Understanding the Limitations of HSA and FSA: What You Need to Know
When it comes to health insurance and financial planning, there are many things to consider. One of these considerations is
The Importance of Understanding IRS Form 8300 for Cryptocurrency Traders
As the cryptocurrency market continues to grow and gain mainstream attention, it is important for traders to understand their tax
How the US Shares Tax Information with Foreign Countries
As a dual citizen of Korea and Canada, and a permanent resident of the US, it's understandable that you may
Moving to NYC: Understanding Residency for Tax Purposes
First of all, congratulations on your upcoming move to NYC! It's an exciting and vibrant city with endless opportunities. However,
The Confusing Definition of a Gift for Tax Purposes
The concept of a gift can be quite straightforward in everyday life. We often think of it as something given
The Importance of Understanding State Income Taxes When Working Across State Lines
Working in one state while living in another can lead to confusion when it comes to filing taxes. The question
Filing Jointly for the First Time: Understanding the Impact on Your Taxes
Filing taxes can be a daunting task, especially when it comes to navigating the different filing statuses and tax brackets.