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Investing in a rental property can be a great way to generate passive income. Even though H-1B visa holders can be landlords, the process may require extra work.
College costs are rising fast. One way you can save for college expenses is through a 529 plan. Did you know that you can start saving in a 529 before your child is even born?
Many people find gambling to be great entertainment. You may have also noticed an enticing lottery jackpot and wish to join in on the fun. However, you may wonder if you are allowed to play the lottery or gamble while you are on a visa in the US?
Is it possible to sell property in India if you're a Non Resident Indian (NRI) living in the US? The answer is yes but the process can be cumbersome.
Did you know there’s a way to get up to $56,000 into your Roth IRA every year even though the contribution limit is $6,000 per year?
What is the difference between a 401K and an IRA? It can be difficult differentiating between the various plans and acronyms, but we're here to help!
While there are benefits of holding the EB-5 visa, it comes with major tax consequences that catch some people by surprise. If you’re thinking about applying for the EB-5 visa, make sure you know about the tax implications.
For the top 0.01% of the American population who are subject to estate taxes because their estates exceed the $11.18M threshold, it’s crucial to plan ahead to minimize taxes imposed on assets upon death.
Did you just receive your first paycheck as an immigrant in the US? If yes, your first American pay stub might look confusing to you. To help you get to know your pay stub and understand all the different deductions and words, here’s a guide.
On the surface, dual citizenship is a wonderful benefit. Dual citizenship is a benefit for most people, but it can also have financial consequences.
The new Tax Cuts and Jobs Act created a new opportunity for investors who can receive special tax incentives for investing in distressed areas. How can you invest in an Opportunity Zone? What is required and what kinds of incentives exist?
The Tax Cuts and Jobs Act of 2017 made some changes to the types of qualified expenses that you can deploy 529 funds against: they now allow you to use $10,000 per year for primary or secondary school tuition. The average annual cost of private primary education is estimated to be $9,631, so it’s logical to be curious about whether you can use 529 funds for private K-12 or elementary, middle, or high schools. But is it wise to do that?
The year 2018 brought substantial changes to many of our client’s tax situations. Given all the changes, we’ve assembled a concise list of strategies you can use to reduce your taxes under the provisions of the new tax law.
The 199A deduction allows pass-through entities with domestic businesses to reduce their Qualified Business Income of up to 20%. Do you qualify?
If you file taxes in the US, you may be able to deduct student loan interest from your taxable income. But what if the interest payments are made on a student loan from a non-US bank?
If you earn taxable income in the United States and abroad during the same year, your taxes can be complicated. When you have financial dealings in another country, you may be liable for paying income tax not just in the United States, but also to that foreign country. You may be eligible for the Foreign Tax Credit.
Here are 10 common tax-filing mistakes encountered by immigrants. As you prepare for tax season, take care to make sure you’ve avoided them!
What will happen to my family and belongings after I die? This is one of the most uncomfortable, but necessary, questions we must ask ourselves for the sake of our family. A properly executed estate plan can thoroughly answer this question before your death to reduce the emotional stress that your passing will bring.