Health insurance in the United States
Health insurance in the United States is a complex system designed to help individuals and families manage the costs associated with medical care. Here are some key points about health…
Tag:
income Tax
14 Articles
14
Your Guide to Car Donation Tax Deduction 2018
Donating a car to charity? You might want to pump the brakes Donating a car could be one of the least cost-effective ways to aid a charity, says industry expert….
STRUCTURED SETTLEMENT ANNUITY
WHAT IS A STRUCTURED SETTLEMENT? A structured settlement is a voluntary agreement reached between a plaintiff and a defendant under which the plaintiff/claimant receives compensation for an injury, or wrong…
Cost of Living in 2020 (Living Expenses / Taxes / Healthcare) & More
How does the cost of living in your area compare? Cost of Living in 2020 (Living Expenses / Taxes / Healthcare) & More If you’re considering moving to a different town or…
What are the tax benefits of homeownership?
The tax code provides several benefits for people who own their homes. The main benefit is that the owners do not pay taxes on the imputed rental income from their…
Five And A Half Tax Tips For U.S. Employers Managing International Remote Workers
Partner, Managing CPA, and thought leader at Bright!Tax Expat Tax Services, the award-winning US tax provider for Americans living abroad. The pandemic may have changed working habits forever, as both employers…
10 Ways Your Income Taxes Will Be Different in 2021 .
It’s been a year like no other, and taxes will be no exception. Your federal income tax return for 2020 — the one due by April — will be a…
A Beginner’s Guide to Independent Contractor Taxes
What Is an Independent Contractor? An independent contractor (IC) is simply someone who works for someone else but not as an employee. An employee is someone who works for a business, and the…
Everything You Need to Know About Rental Income Tax
If you own an investment property and collect rent from your tenants, it’s important to declare that rental income on your taxes. You can, however, deduct expenses you incur to…
Is it better to have a single-member LLC or partnership?
A limited liability company (LLC) is a popular business legal form, and it has many similarities to the partnership legal form. But there are some differences between an LLC and a partnership that you…