Tax

Tax

Small Business Health Insurance Credit in the United States

A detailed explanation of the Small Business Health Insurance Credit in the U.S. Learn about eligible business entities, purchasing through SHOP, and the application process for this important tax credit.
Tax

Filing Requirements for Form 5472 for Japanese Owners of U.S. LLCs

Discover the tax reporting responsibilities for Japanese owners of US LLCs. This article provides a detailed explanation of the requirements, procedures, and deadlines for filing Form 5472.
Tax

Overview of the Corporate Transparency Act (CTA) Enforced in 2024: Guidance for New and Existing Businesses and Penalties for Non-compliance

Understand the Corporate Transparency Act (CTA) coming into effect in 2024. An insightful guide on compliance obligations, exemptions, and penalties for non-compliance, targeting new and existing businesses.
Sponsored Link
Tax

Foreign tax credit on income in Japan for US residents

Learn about the foreign tax credit for U.S. residents earning income in Japan. Discover the procedures, calculation methods, and essential points to effectively save on taxes.
Tax

Understanding the U.S.-Japan Tax Treaty, Form W-8BEN, and Form 6166

Explore the U.S.-Japan tax treaty, along with Form W-8BEN and Form 6166, in this comprehensive guide. Clear explanations of tax procedures and the fundamentals of the U.S.-Japan tax treaty are provided in this article.
Tax

Home office deduction under US tax law (expense deduction for telecommuters)

Explore the ins and outs of home office deductions in the U.S. and learn how remote workers can maximize tax benefits. Discover the eligibility criteria, calculation methods, and essential record-keeping practices to save on your taxes.
Tax

Section 179 Deductions and Bonus Depreciation: Use Your Assets Effectively and Seize Tax Savings Opportunities.

Gain a deep understanding of Section 179 deduction and bonus depreciation in U.S. tax law. Learn how to effectively leverage assets to minimize taxes and seize tax-saving opportunities for your business. Get essential insights for maximizing tax savings.
Tax

Educational expense tax deduction in the United States

Learn about the American Opportunity Tax Credit (AOTC) and Lifetime Learning Credit (LLC), two key education-related tax deductions in the United States. Find out who qualifies, the necessary criteria, income limits, and how to claim these tax credits.
Tax

Traditional IRA vs. Roth IRA: Advantages and Disadvantages

In personal financial planning, it's crucial to consider pensions and investments for securing post-retirement funds. Traditional IRA and Roth IRA are popular choices, each with its own advantages and disadvantages. Explore the details of these retirement plans and understand the key factors to consider in making the right choice.
Tax

US Stock Options and Taxes: The Basics You Need to Know as an Employee

This article provides essential insights into Stock Options and taxes in the United States, catering to employees working in American companies. Learn about how Stock Options work, the distinctions between ISO and NSO, the timing of taxation, and a comparison of tax rates.