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Be aware of the hidden risks of Fintech banks backed by regular banks.  In this case, a middleman company which held much of the funds...

When it comes to certain very simple tasks, I believe in telling my clients they can do it on their own. I don't think it's ethical to...

Beginning in tax year 2022, Georgia residents can include an exemption for their unborn child in their tax return. The exemption amount...

Here is a common misconception about the foreign tax credit (FTC): Many people think that a foreign tax credit may only be claimed if...

Here's how a change of business structure can result in a $5000 refund instead of $6000 in tax due. When a US citizen lives abroad, and...

IRS Certifying Acceptance Agents (CAAs) for W-7 ITIN applications have a similar job as a notary.  As a trusted professional, they...

Beware of misinformation online about $6000 stimulus checks and extra bonuses for seniors to be given out by Trump.  It's completely...

Here is an interesting story about claiming too many tax deductions needlessly: Rabbi Nesanel Quinn (d. 2005) of blessed memory was once...

Here is an obscure, but important reason why to use a tax pro instead of consumer tax filing software.  Consumer software will ask you to...

Do you use a fintech partnered with a bank? You should understand the bigger risks involved. Promises of FDIC insurance aren't valid if...

Here is an obscure and interesting exception from paying US social security taxes:  In certain cases, you may be considered self employed...

If you didn't tell a foreign (non-US) bank that you are a US citizen when you opened the account, and never agreed for them to share your...

A bill to end double taxation for Americans abroad may be introduced to Congress before the end of the year. Thanks to  Tax Fairness for...

What's wrong with running a quasi-nonprofit using your own personal accounts, without actually setting up a real nonprofit? A lot of...

Great news! WEP will be dead soon.  Expats will no longer have their social security benefits slashed simply because they also receive a...

"‘The hardest thing in the world to understand is the income tax.’ – Albert Einstein

IRS inefficiencies cause taxpayers to foot the bill for refund check reissues after checks are stolen. It's nice of the government to do...

Wondering what happened to your refund check? These guys may have stolen it.  Former Postal Workers Charged with Stealing U.S. Treasury...

Why is it so important to e-file your 2021 tax return and refund claim before the Nov. 30 deadline, if it can still be paper filed until...

Important deadline approaching! If you've been procrastinating, now is the time to get your act together. E-file shutdown for personal...