Taxation · 07/23/2025

This article outlines five key tax knowledge points for small business owners, including choosing a business structure, applying for an Employer Identification Number (EIN), maintaining tax records, finding suitable tax professionals, and utilizing resources from the IRS. These foundational insights will help small business owners manage their taxes more effectively, laying a solid groundwork for the success of their businesses.

Taxation · 07/24/2025

A Limited Liability Company (LLC) is an ideal choice for registering a business in the United States, protecting personal assets from company debts and offering flexible tax options. Establishing an LLC involves minimal paperwork and flexible profit distribution, yet it may be subject to employee benefit tax burdens and ownership transfer restrictions. Understanding the relevant tax filing processes significantly reduces entrepreneurial risks!

Taxation · 07/25/2025

The IRS has announced the addition of W-2 and 1095-A forms to individual online accounts, simplifying the process for taxpayers to view and manage their tax information. This change aims to enhance tax efficiency and promote the modernization of digital services. Taxpayers can visit IRS.gov to access their online accounts for a broader range of tax features and information.

Taxation · 06/12/2025

The State Tax Bureau recently announced delays in processing some electronic tax payments, resulting in taxpayers receiving debt notices. It is advised to monitor your online account with the State Tax Bureau to confirm payment status without rushing to contact them. Relevant penalties will be automatically adjusted, and those who have not paid in full can set up a payment plan.

Taxation · 07/18/2025

This article provides a systematic analysis of the U.S. Alternative Minimum Tax (AMT), including its definition, calculation method, exemption amounts, and trigger conditions. The AMT aims to ensure that high-income taxpayers meet a minimum tax burden and prevent the abuse of tax deductions. The article elaborates on the calculation steps and specific amounts involved, offering readers a deeper understanding of the AMT.

Taxation · 07/18/2025

New immigrants in the U.S. must pay special attention to accurately reporting foreign assets and income during their first tax filing. According to the new tax regulations, undistributed profits may be taxable. Proper tax filing can help avoid future legal issues and may even allow for deductions of taxes already paid in China. Therefore, consulting a professional accountant to ensure compliance is crucial.

Insurance · 07/22/2025

This article discusses the broad aspects of U.S. insurance law, including insurance company law, insurance contract law, and public laws such as social insurance. It emphasizes the importance of understanding these legal provisions in safeguarding consumer rights and explores the role of insurance law in protecting the interests of policyholders.

Lawyers · 07/25/2025

This article provides an in-depth overview of the operational procedures of immigration detention centers in the United States, detailing the rights of detainees and strategies for coping. It offers practical advice for individuals facing arrest by ICE or CBP, aiming to help detainees protect their rights and enhance their understanding of the immigration system.

Lawyers · 07/25/2025

This article provides essential information regarding immigration law in the United States, covering tips for interacting with police and immigration enforcement, how to seek help in a crisis, legal responsibilities, and ways to protect oneself while seeking support. Understanding basic laws and regulations is a crucial step to ensuring personal safety and rights.

Lawyers · 07/24/2025

This article provides a comprehensive overview of the basic rights of workers in the United States, covering key topics such as minimum wage standards, equal pay, anti-discrimination laws, and workers' compensation. The aim is to help employees protect their rights and enhance their awareness of self-protection in the workplace.

Lawyers · 07/18/2025

Labor law is a crucial part of the U.S. legal system that regulates the relationship between employers and employees, covering aspects such as hiring, responsibilities, and compensation. It ensures the basic rights of workers and a fair working environment. Legal professionals play a dual role in this field, providing consultation and representation to help employers comply with regulations, avoid disputes, and safeguard the legitimate rights of employees.

Taxation · 07/23/2025

This article provides comprehensive business tax information and resources to help companies understand their tax obligations, prepare and file taxes, manage their operations, and respond to emergencies, offering thorough support for corporate financial management.

Taxation · 07/23/2025

This article analyzes the impact of the 2022 Inflation Reduction Act on taxation, highlighting the new tax reporting exemptions and related updates. It provides taxpayers with clear guidance to effectively navigate future tax filings.

Taxation · 07/23/2025

Form 8801 assists individuals, estates, and trusts in calculating past year Alternative Minimum Tax (AMT) credits. This form clarifies the computation of existing credits and the carryover of future credits, supporting effective tax planning.

Taxation · 07/23/2025

This article provides a guide to finding the tax filing addresses categorized by the Internal Revenue Service (IRS), assisting taxpayers in easily locating the appropriate mailing location to ensure a smooth tax filing process.