Taxation · 08/07/2025

This guide details the requirements and steps for employers when reporting back pay and special wage payments to the Social Security Administration. It highlights the importance of compliance in reporting, helping employers avoid legal and financial risks while also protecting employee interests.

Culture · 08/15/2025

The American tipping culture is shifting from a reward to an obligation. The prevalence of technology and ubiquitous tipping options create pressure for consumers to tip, often feeling 'forced' to do so. Inflation further exacerbates this issue. Balancing consumer rights and service worker income is a pressing problem for American society. The expectation of tips has become so ingrained that refusing to tip is often seen as a social faux pas, regardless of the quality of service. This evolving dynamic necessitates a re-evaluation of the tipping system and its impact on both consumers and service providers.

Taxation · 04/07/2025

The 2025 tax season in the US is approaching its deadline of April 15. Prepare necessary tax documents like W-2, 1099-MISC, and 1099-K to file on time and avoid delays. If you owe taxes, consider paying with a credit card, with fees as low as 1.8%. Related expenses can also count towards card rewards. Confirm your tax matters before filing and consult a professional for guidance.

Taxation · 08/27/2025

This article focuses on international students in the US, providing a detailed interpretation of the Economic Impact Payments issued by the US government during the pandemic. It also delves into the application of the Substantial Presence Test in determining tax residency status. The aim is to help international students correctly understand their tax obligations and avoid unnecessary troubles caused by tax issues. It clarifies eligibility for economic relief and the criteria for being considered a US tax resident, crucial for filing taxes accurately.

Loans · 07/18/2025

In mortgage applications, borrowers can choose to apply through banks or loan brokers. The difference lies in that banks serve the retail market while loan brokers operate in the wholesale market. About 50% of loan applications are conducted this way. Loan brokers offer a variety of options from multiple banks, personalized loan plans, and professional services, with their commissions paid by the lending banks, showing a greater focus on the clients' interests. Choosing a professional loan

Finance · 07/23/2025

The BoA Premium Rewards credit card offers generous points rewards for travel and dining expenses, along with attractive sign-up bonuses and airline fee reimbursements, making it an appealing choice. However, if users cannot fully leverage its benefits compared to competitors, the cost-effectiveness may decline. It is particularly suitable for frequent travelers and those with BoA assets.

Finance · 11/07/2024

After Trump's return to the presidency, the global economy and monetary policy face dual challenges. His high tariffs and tax cut promises could lead to rising inflation in the U.S. and limit the room for interest rate cuts by global central banks. Officials from various central banks have started to take measures to address the impending challenges, particularly in emerging markets, where adjustments in monetary policy are imperative.

Finance · 08/06/2025

Trump's strong return to the presidency will impact global central banks' interest rate strategies. His tariff policies may lead to a slowdown in the global economy and accelerate inflation in the U.S., making the Federal Reserve more cautious about rate cuts. Meanwhile, emerging markets may face unique challenges and opportunities.