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I have a visa, do I file taxes in US? Well, depends.
If you have a visa, you might be wondering if
NJ protecting customers against unfair credit card surcharges
Back in August 2023, Governor Phil Murphy signed legislation to avoid surcharges for credit card transactions that were
IRS releases more warnings about Clean Energy scams (IRA) and misleading claims on the Self employment tax credit
In July 2024, the IRS released several warnings on widespread scams and misleading claims on the Self Employment
Bad debt 101 – Going into debt to finance vacations
We are in the summer of 2024 and more and more Americans are willing to go into debt
More States implementing required retirement programs for small businesses: Latest one Retire Ready NJ
As the Social Security Board of Trustees (Federal government) estimates that from 2035, the payments of scheduled benefits
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Cohan rule – Use of estimates for allowable business deductions without documentation
The Cohan rule originated from a case from 1930, but it is still applicable and used to this date. The Cohan rule
New IRS guidance allows 401k matching based on student loan payments
As mentioned in IR-2024-217, the IRS has released interim guidance in late August 2024 allowing that employers with retirement plans (401(k) plan,
Careful if your accountant or tax professional sends info overseas – Sec 7216
Note that we are noticing more and more of our colleagues having overseas help as a way to reduce cost in some