Taxation · 07/23/2025

This article explores how to report forgiven property debt due to foreclosure, repossession, or cancellation, guiding readers in preparing necessary information such as tax filing status and Form 1099-C to ensure compliance and accuracy. It particularly focuses on discussing individual circumstances and providing consulting advice.

Education · 07/01/2025

Dr. Robert L. C. Lee, President of Kean University, led a delegation to Wenzhou-Kean University to explore various ways to deepen educational cooperation between China and the United States. The visit included site inspections and board meetings, emphasizing the value of a global perspective and talent cultivation. The discussions aimed to promote mutual development in research and cultural exchange.

Insurance · 07/14/2025

This article discusses the importance of medical insurance in the United States. It introduces basic concepts and common terms related to medical insurance, including premiums, deductibles, and copayments. Additionally, it provides a detailed analysis of different types of insurance networks and recommends academically recognized insurance products. The aim is to assist people in making informed insurance choices to cope with the high costs of medical c

Education · 08/07/2025

Bakersfield Christian High School is a high-quality private institution located in California, offering 15 AP courses and with 63% of the faculty holding master's degrees or higher. The school has a high college admission rate, with many students attending prestigious universities, and provides financial support. Overall, it is rated a C. Situated near Los Angeles, it is an ideal place for family education.

Education · 08/21/2025

Founded in 2018, North American Education Express has grown into a leading Chinese-language media platform focusing on education, with over 300,000 subscribers. As a non-profit independent media outlet certified by IRS 501(C)(3) and IAAP, it is dedicated to providing readers with objective and in-depth information about North American education. It has become the largest Chinese-language education media platform by volume outside of China.

Taxation · 07/18/2025

This article provides a comprehensive guide for international taxpayers, outlining the tax responsibilities of foreign workers in the U.S. and American citizens and residents earning income abroad. It includes essential links to tax obligation guides covering key topics such as dispute prevention, tax treaties, and foreign account compliance. The aim is to help readers thoroughly understand the international tax system and ensure legal compliance.

Travel · 07/15/2025

Philadelphia, the largest city in Pennsylvania, attracts visitors with its unique history and culture. As the birthplace of the Declaration of Independence, its historical significance draws travelers from around the world. A day tour in Philadelphia will take you to explore the Independence National Historical Park and other historic sites. Additionally, the city's port enhances its role as a vital transportation hub, offering a variety of travel options that allow you to fully experience the c

Taxation · 07/18/2025

This article introduces four free methods for changing your ITIN address, including filling out an address change form, using a new tax form, writing a statement, and calling the IRS customer service. Each option is detailed with its procedure, advantages, disadvantages, and estimated processing time, helping readers choose the method that suits them best.

Taxation · 07/17/2025

In the United States, residents must be aware of various taxes beyond income tax, including sales tax, property tax, estate tax, gift tax, hotel tax, and excise tax on alcohol and tobacco. Each type of tax has different assessment standards and implications. Understanding these tax-related concepts is crucial for effectively planning personal finances.

Taxation · 10/28/2022

This paper provides an in-depth analysis of the composition and impact of the US tax gap from 2014 to 2016, estimating it at $496 billion. It discusses compliance rates and future trends while revealing non-compliance issues through data. The paper calls for greater societal attention to tax compliance.

Taxation · 08/01/2025

International tax reporting penalties are a common issue for overseas taxpayers. This article discusses the measures to take upon receiving a penalty notice, how to contest the penalty, and the basis for penalty calculations. It emphasizes the importance of compliance and provides guidance on response strategies and related regulations.

Taxation · 08/07/2025

This article discusses how to address fines for international tax reporting. If you receive a notice from the IRS, it is important to verify the information and follow the provided instructions, which may help you avoid fines. Understanding the necessity of submitting tax returns can aid in preventing substantial penalties and interest.

Taxation · 08/21/2025

This article focuses on crucial aspects of US market entry, including practical challenges related to social security and health insurance contributions, employee hiring, and other compliance matters. It also interprets paid leave policies in light of the pandemic. The aim is to help businesses understand US laws and regulations, enabling them to develop steadily in the US market and maintain compliant operations.

Taxation · 07/21/2025

The IRS allows taxpayers to alleviate their tax burdens through an Offer in Compromise (OIC) in specific circumstances. This agreement enables taxpayers to settle their tax debts for less than the total amount owed, provided they meet certain conditions. The IRS reviews cases for disputes over tax amounts, doubts about collectability, or the need for effective tax management, thereby offering relief to taxpayers facing significant economic hardships.

Taxation · 07/23/2025

This article delves into various methods of corporate tax credits and deductions, covering employer childcare service credits, opportunity zone tax breaks, fuel tax credits, and more. It offers practical advice to help businesses effectively reduce their tax burden and optimize their financial situation.