Tax Filing Tips for U.S. Immigrants

The law requires that immigrants should pay taxes. Filing taxes allows U.S immigrants to comply with federal tax laws, enjoy tax benefits including Child Tax Credit, document working and present history in the United States, and insurance premium tax credits for children who are U.S. citizens.

Good tax filing history can prove good moral character for those hoping to apply for U.S citizenship or undocumented immigrants applying for green cards. Failure to pay taxes deliberately may result in tax evasion, a crime punishable by law. The tax filing process may be a daunting one for U.S. immigrants. However, the following tips may be of great help.

Read More about Tax Filing Tips for U.S. Immigrants

7 Ways A Tax Accountant Can Grow Your Business

Accurate tax returns and financial statements are essential in telling how your business is doing. As a business owner, having a combination of detailed financial expertise and strategic thinking can boost your business growth. All the aspects of business...

5 Things You Need to Know About Tax Returns

Since tax season is upon us, most entrepreneurs will be preparing to file for tax, and you might be one of them. If you’re filing tax as a self-employed individual remember this: According to the IRS, self-employed taxpayers are expected to make four...

Pay Less Taxes! Tips to Reduce Your Tax Burden

When filing your taxes as tax season comes around, the last thing anyone wants to see is the unexpected surprise of a large tax bill. Yet, keep in mind that taxes for 2020 may increase. This is because of the temporary pause on withholding payroll...