The rule for tax on forex trades in the United States can be a complex affair as these transactions are subject to various tax rules codified under the Internal Revenue Code (IRC) and interpreted through Revenue Rulings by the Internal...
Read moreIf you are a US person, you must pay federal income tax on your worldwide income. This means that even if you earn income outside or stay outside the United States, it is still subject to US tax and must...
Read moreTax deductions for homeowners are indeed hidden values for owners of properties. The tax laws surrounding homeownership provide many tax deductions that ultimately save tax for you. This post brings to you ten such tax deductions provided for homeowners under...
Read morePicture credit The gig economy has rapidly transformed how we work, allowing us to have increased flexibility and convenience when looking for employment opportunities. However, engaging in such activities also poses unique tax challenges that must be addressed correctly to...
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Read morehttps://youtu.be/YxslBn4BTlo The Form W-9 is a critical document business use to gather information about independent contractors, vendors, or other entities. This information is primarily used for tax purposes. Despite its importance, many individuals and businesses need help with errors when...
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