Finance · 07/24/2025

This article discusses essential financial knowledge and skills for living in the United States, focusing on managing bank accounts, creating budgets, and understanding public benefits. It provides practical guidance for new immigrants to help them better adapt to the American financial system and achieve economic independence.

Taxation · 07/23/2025

The IRS provides tax relief information for residents in disaster-stricken states to support economic recovery after natural disasters. The IRS implements deadlines extensions and tax reductions policies covering affected states and territories, helping residents quickly return to their daily lives.

Travel · 08/13/2025

El Paso, a city in Texas, attracts many international students due to its safe living environment and rich Hispanic culture. With renowned educational institutions, friendly communities, and affordable living costs, it serves as an ideal choice for studying abroad.

Taxation · 04/14/2025

The government has announced tax relief for residents and businesses across Tennessee affected by the storms and flooding on April 2, 2025, with the filing and payment deadline extended to November 3, 2025. All 95 counties qualify, and taxpayers do not need to apply proactively but must update their information. Additional tax relief includes optional reporting for disaster losses, and disaster recovery funds not counted as total income may be excluded. The IRS will provide further support and relief measures as needed.

Finance · 07/14/2025

Understanding the U.S. accounting system is crucial for every new resident. Familiarity with basic accounting terminology and operational mechanisms aids in financial management and tax compliance. This article outlines the Generally Accepted Accounting Principles (GAAP) in the U.S. and their key differences from International Financial Reporting Standards (IFRS), emphasizing the importance of accounting in maintaining business reputation and transparency. Mastering these fundamental concepts he

Taxation · 07/18/2025

This article explores the tax obligations related to reporting overseas income and the mechanisms for exemptions. It emphasizes that U.S. tax residents must declare their global income and provides a detailed analysis of tax reduction strategies such as the Foreign Earned Income Exclusion (FEIE) and Foreign Tax Credit (FTC). Effectively utilizing these tools can help avoid double taxation and reduce the overall tax burden.

Taxation · 07/18/2025

This article outlines the process of filling out the W8 tax form and its significance, emphasizing that non-U.S. residents can benefit from lower tax rates and avoid high withholding taxes by completing this form. Detailed steps include filling in personal information, residence address, mailing address, and relevant tax identification information. The aim is to assist Chinese investors in reducing their tax burden and facilitating smooth investment in the United States.

Taxation · 07/18/2025

This article provides a detailed overview of the Individual Taxpayer Identification Number (ITIN) in the United States, including its definition, main uses, and application process. The ITIN is primarily used for tax filing, opening bank accounts, and applying for credit cards, especially for non-residents engaged in economic activities in the U.S. The article explains the application steps, required materials, and processing times, helping readers understand the importance of ITIN and how to

Finance · 07/18/2025

Minority interest is a financial metric reflecting the equity of other shareholders in subsidiaries that are not fully owned by the parent company, separately listed in consolidated financial statements. It represents the net assets and net profits attributable to minority shareholders in subsidiaries, typically occurring when the parent company holds over 50% of the subsidiary's shares. Transparency of minority interest is crucial for the company's financial health and investor confidence.

Taxation · 07/21/2025

This article provides a detailed analysis of qualified and non-qualified retirement plans in the United States, highlighting their distinct features, key differences, and suitability. It aims to assist readers in making informed retirement planning decisions. Understanding these differences is crucial for tax planning and ensuring the security of retirement funds.

Taxation · 07/18/2025

Florida is engaged in intense discussions about abolishing property tax to alleviate the economic burden on residents. Although the proposal has garnered significant support, eliminating the tax would create a fiscal shortfall for local governments, potentially impacting public services. Balancing residents' needs with public interests is the central issue of this reform.

Lawyers · 08/06/2025

DED (Deferred Enforced Departure) provides legal protection for residents unable to return home due to the security situation in Palestine. This includes legal residency, the ability to apply for work permits, and travel documentation. The policy automatically applies to eligible residents, and it is essential to consult legal professionals promptly to safeguard rights.

Apartment Rental · 07/21/2025

A new short-term rental law in New York City took effect on September 5, requiring landlords to register for renting out their properties, with significant penalties for non-compliance. Supporters argue that the policy combats illegal rentals and helps alleviate the housing crisis, while opponents fear it will negatively impact landlords' livelihoods and tourism. Few landlords have successfully registered, and a significant shift in the short-term rental market is anticipated. The implementation of this policy will enforce compliance in the short-term rental market, necessitating adjustments from landlords and platforms to adapt to the new regulations.

Apartment Rental · 07/22/2025

Brookwood Courtyard is a student apartment located in Atlanta's Buckhead/Midtown area, offering 12 spacious and comfortable remodeled suites that allow residents to explore the city's attractions and culture. The apartment is fully equipped with furniture, a washer, and a dishwasher, providing convenience for residents. Rent includes cleaning, utilities, and internet fees, ensuring a worry-free living experience for tenants.

Taxation · 07/25/2025

This article explores the specific requirements for non-resident foreigners filling out the W-4 form while working in the United States. It covers topics such as calculating withholding amounts, declaring residency status, and available tax credits, to help them manage their tax obligations more effectively.