Articles
What is a Tax Identification Number (TIN)?
As a US taxpayer or a global expat, you've likely heard the term "Tax Identification Number" or TIN tossed around. But what exactly is it, and why does it seem to appear in every tax conversation? Whether you're filing taxes, opening a bank account, or dealing with IRS paperwork, a TIN is your VIP pass to navigate the ...
What happens if you don’t file your taxes? IRS fees & penalties explained
Disclaimer This article is for informational purposes only and does not constitute legal advice. Always consult with a tax professional for your specific circumstances. If...
Roth IRA vs. traditional IRA: Which retirement account is right for you?
Disclaimer This article is for informational purposes only and does not constitute legal advice. Always consult with a tax professional for your specific circumstances. De...
What to do if you can’t pay your taxes: consequences and potential options
While every American living abroad or stateside has to file an Individual Tax Return and pay the taxes they owe, millions don’t. In 2022, for example, 40% of all US households paid no i...
SECURE 2.0 Act changes impact Form W-2 reporting for businesses
The IRS has issued a reminder that changes under the SECURE 2.0 Act, effective from tax year 2023, may affect how businesses report certain amounts on Forms W-2. The new provisions under the act introduce several features designed to encourage employee p...
Understanding the Jock Tax: What athletes and remote workers need to know
Disclaimer This article is for informational purposes only and does not constitute legal or tax advice. Always consult with a tax professional for your specific circumstances. ...