Articles

Form 1099-K threshold rollback: $600 rule reversed in latest tax reform

If you sell occasionally on eBay, collect client payments through Stripe, or use an online marketplace while living abroad, the 1099-K story for this filing season is much less confusing than it looked a year ago. Congress reversed the muc...

FinCEN Form 114 requirements: Who must file and what to report

FBAR (FinCEN Form 114) is the Report of Foreign Bank and Financial Accounts – and it’s filed separately from your federal income tax return through FinCEN’s BSA E-Filing sy...

How to Use Head of Household Status to File Your Taxes

The head of household filing status is one that few people understand. But it is important to understand all of your filing options to minimize the taxes you owe. If you meet the criteria to qualify, a tax return for head of household can result in lower taxes than single status.  This article will help you to understand how to qualify for head o...

H1B visa taxes: Complete filing guide for nonimmigrant workers (2026)

H1B visa holders typically qualify as US resident aliens for tax purposes after passing the substantial presence test. That means H1B visa tax usually includes federal income tax at 10–37% progressive rates, plus Social Security at 6.2% and Medicare at 1.45%, along with state taxes. The filing deadline is April 15, 2026,...

Foreign rental income tax guide: how to report, deduct expenses, and stay compliant

If you earn foreign rental income – whether from a vacation apartment in Spain, a family home in Mexico, or a long-term lease in Canada – you must report it to the Internal Revenue Service (IRS). Many Americans believe that paying taxes in the country where their property is located exempts them from US reporting requirements, but that’s not the ...

US tax rules for resident and nonresident aliens: a complete guide

Whether you hold a Green Card, spend part of the year stateside, or simply earn occasional US income, your tax status – resident or non-resident alien – sets the ground rules, especially for tax purposes. If you’re a foreign employee, student, freelancer, or retiree with US ties, this guide delivers the essentia...