Taxation · 08/13/2025

This article explores the tax treatment of property losses, covering three scenarios: force majeure events, theft, and deposit losses. It provides professional guidance for taxpayers on how to reasonably report their losses, helping readers effectively cope with the financial impact of unexpected events.

Taxation · 04/04/2025

The IRS has notified residents of affected states that the deadline for tax filing and payments for 2024 has been extended to May 1, 2025. This applies to states including Alabama and Florida, allowing taxpayers to manage their tax matters more comfortably.

Taxation · 08/13/2025

The IRS and Free File Inc. announced the extension of their free online e-filing service agreement until 2015, aimed at continuing to provide taxpayers with convenient tax services while ensuring efficiency and transparency. The new agreement will reflect Free File Inc.'s non-profit status and plans to sign a new multi-year agreement in the future.

Taxation · 10/10/2025

This article provides a detailed analysis of the filing requirements for the U.S. Estate Tax Return Form 706 from 2002, including basic information, reporting of the total estate value, and allowable deductions. It aims to assist executors in accurately and effectively completing the filing. A genuine understanding and planning of estate taxes are crucial for both executors and beneficiaries.

Taxation · 08/26/2025

This article, curated by Sophia Yao, provides an in-depth analysis of the New York real estate market. It covers the advantages of buying property on Long Island's North Shore, strategies for selecting school district housing, key clauses in purchase contracts, updates on rental policies, recommendations for the best family-friendly locations, utilization of property tax benefits, and practical tips for quickly determining a home's orientation. This guide aims to help you avoid pitfalls and achieve your dream of settling down in New York.

Loans · 07/23/2025

This article explores tax deduction opportunities related to mortgage loan expenses, including mortgage interest, points, and mortgage insurance. It emphasizes the personal information and application requirements needed, offering practical advice to help taxpayers effectively plan their taxes to reduce their tax burden.

Taxation · 07/23/2025

The 2025 W-4 form is crucial for federal income tax withholding. This article clarifies important considerations for filling it out, the conditions for tax exemption, and related steps to help you avoid potential financial risks arising from under-withholding or over-withholding.

Taxation · 07/25/2025

Timely updating of personal information is crucial for tax processing, including changes to address and name. It is necessary to authorize third parties for assistance to avoid delays and issues. Understanding the relevant steps is essential to ensure a smooth tax filing.

Taxation · 08/07/2025

This article delves into the filing requirements of the 1099-INT form, emphasizing compliance regulations concerning interest payments to taxpayers. It covers responsibilities related to payment amounts, foreign tax reporting, and backup withholding reporting, assisting readers in fulfilling their tax obligations more effectively.

Taxation · 07/01/2025

This article discusses several methods for timely notifying the IRS about an address change. It includes submitting a form, updating during tax filing, providing written notification, notifying in person or by phone, and considerations for joint filers, ensuring your tax information remains accurate.

Taxation · 08/12/2025

This article interprets the meaning of the CP12 notice and discusses how to respond to it. It elaborates on understanding the IRS changes and maintaining tax rights, while providing effective communication channels and handling suggestions to help taxpayers proactively address tax issues.

Telecom · 07/17/2025

This article explores various feasible options for making phone calls in the United States, particularly for users without a social security number. It discusses prepaid plans, using unlocked phones, purchasing new devices, and provides information on landline installation to help newcomers quickly adapt to the local communication environment.

Finance · 07/23/2025

This article explores the challenges faced by new immigrants in the United States when applying for credit cards. It provides suggestions for credit card options that do not require a Social Security Number (SSN) and offers tips for building personal credit history, assisting readers in navigating the credit landscape.

Finance · 07/23/2025

This article discusses how to effectively plan for retirement after age 45, highlighting the importance of social security, 401(k) plans, and personal annuities. It also explains how to estimate the required retirement living expenses based on individual goals, ensuring quality of life and financial independence post-retirement.

Taxation · 03/05/2025

This article provides a detailed guide on how to renew an Individual Taxpayer Identification Number (ITIN), including the validity period, steps for completing Form W-7, and submission methods. It also highlights important considerations for individuals who have obtained a Social Security Number (SSN), offering readers comprehensive guidance.