Taxes
Foreign asset reporting for dual citizens, finally explained
FBAR and FATCA aren't the same form, the same threshold, or the same penalty. Here's the version of the rules a dual citizen can actually use before April.
Year-round tax planning, federal and state filings, deductions that survive an audit and the ones that quietly trigger letters.
FBAR and FATCA aren't the same form, the same threshold, or the same penalty. Here's the version of the rules a dual citizen can actually use before April.
For the right business at the right revenue, S-corp is still the cleanest way to lower your effective tax rate. The hard part is setting reasonable comp.
If your year is up over last, your safe-harbor number is wrong. A two-step adjustment that takes ten minutes and dodges April penalties.
The 20% qualified-business-income deduction is one of the most valuable lines on the return — and one of the most commonly mis-claimed.