LATEST NEWS
IRS Restores $20,000 / 200-Transaction Rule for Form 1099-K in 2025
When Congress passed the American Rescue Plan Act (ARPA) in
How to Maximize Your Social Security in 2025: Timing, Taxes, and Strategic Decisions
Deciding when to start receiving Social Security benefits is one of the most impactful choices you'll make in
Federal Payments Are Going Fully Digital
A new Executive Order signed by President Trump on March 25, 2025 requires every federal agency to stop
Tax Court Disallows Real Estate Professional Status Due to Insufficient Hours
From a tax point of view, Real Estate investments can have significant tax advantages if you meet the
Certain States (NY, CA, IL) require written agreements for independent contractors
More and more regulations are added for employers that hire independent contractors, freelancers and other gig economy workers.
MORE NEWS
Renouncing U.S. Citizenship? Are you subject to Exit tax?
Renouncing U.S. citizenship or giving up long-term residency is not only a personal milestone—it’s a complex financial event with major tax consequences.
Mid-Year Report to Congress Issued by the IRS National Taxpayer Advocate
In the IR-2025-71, the IRS shared the mid year report to Congress and provided a summary of items. These items below indicate
6 Stages of Wealth and 3 ways to improve your financial life
Over the weekend, I came across an image of a ladder illustrating the stages of wealth, and it really made me reflect.