Taxation · 07/17/2025
A Complete Guide to Filing Personal Taxes in the U.S. for 2025: Make the Complex Process Easy!
Learn about the US tax filing process, including eligibility, income types, and methods of filing to ensure compliance and maximize benefits.
Taxation · 07/17/2025
Understanding the Diverse Tax System in the United States: Income Tax, Sales Tax, and Other Tax Types
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.
Job Search · 07/21/2025
Understanding Labor Law Issues and Rights
This article analyzes several important provisions of labor law in the United States, including child labor laws, discrimination claims, severance pay, unemployment benefits, uniform requirements, meal breaks, final wages, workers' compensation, minimum wage, and the legality of monitoring. Labor laws are designed to protect employee rights while clarifying employers' responsibilities.
Taxation · 04/12/2025
IRS Offers Free Tax Extension New Deadline October 15
Facing the US tax deadline, experts offer three free online methods to request an extension until October 15th: filing Form 4868, selecting the extension option during tax payment, and using IRS Free File. It's crucial to understand that an extension only extends the filing deadline, not the payment deadline. Late payments will still incur penalties and interest. Taxpayers are advised to plan ahead, utilize tax tools to estimate their tax liability, choose the appropriate extension method, and maintain good tax records throughout the year.
Taxation · 07/25/2025
Managing Your Estimated Taxes Effectively
This article discusses the importance of estimated tax payments in the US tax system, detailing who is subject to them, how to calculate them, and when to make payments. It aims to help taxpayers understand how to effectively manage their taxes, avoiding penalties and compliance risks.
Taxation · 08/04/2025
Guide to Reclaiming FIRPTA Withholdings on US Property Sales
This article provides an accessible introduction to FIRPTA (Foreign Investment in Real Property Tax Act), explaining the rationale behind the 15% withholding tax and detailing the process of applying for a tax refund. It also highlights Cao & Company's expertise in providing efficient and convenient FIRPTA tax refund services for foreign investors, helping clients securely recover their funds. We offer professional assistance to navigate the complexities of FIRPTA and ensure compliance while maximizing potential refunds. Contact us for expert guidance and support.
Taxation · 10/28/2022
The United States Tax Gap Insights on Compliance Trends and Future Predictions
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 · 04/07/2025
2025 United States Tax Filing Guide
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 · 07/18/2025
Mastering W8 Tax Form Filling Techniques: Save Money and Taxes in US Investments
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 · 01/07/2019
Understanding The 2019 US Tax Regulation Changes Key Guide And Points Of Concern
The 2019 update to U.S. tax regulations introduced several key policies, including application processes for hardship exemptions, disclosure requirements for accuracy-related penalties, and opportunities for sales tax refunds. These changes offer taxpayers enhanced flexibility and convenience, directly impacting the financial planning and compliance strategies of both individuals and businesses.
Insurance · 07/18/2025
Understanding Insurance Law in the United States
This article delves into the definition, structure, and types of insurance law in the United States. Insurance law regulates the relationship between insurers and policyholders, covering insurance contracts and the legal oversight of insurance companies. Key types of insurance include homeowner's insurance, auto liability insurance, and more. By understanding these aspects, readers can make informed choices about their insurance options and better protect their interests.
Education · 07/28/2025
Students Immigration Rights and Education Law Overview
This article outlines the laws in the United States concerning student immigrants and their educational rights, including the basic requirements and regulations for accessing public education. All children have the right to free public education, although regulations can be more complex for college admissions. Parents are responsible for enrolling their children and must comply with educational obligations in their respective states. Additionally, all schools must ensure equal treatment for all students.
Education · 08/07/2024
Aviation Safety Improves Exponentially Mirroring Moores Law
MIT research indicates that civil aviation safety is improving at a "Moore's Law-like" pace, driven by technological advancements and improved industry standards. However, increasing air traffic volume and the emergence of new aircraft types pose new challenges. Continued investment in research and development, strengthened international cooperation, and improved regulatory frameworks are crucial to ensuring aviation safety. This requires a proactive approach to mitigate emerging risks and maintain the high level of safety achieved in recent decades, ensuring a safe and efficient air transportation system for the future.
Education · 08/22/2025
Cornell Law Launches East Asia Exchange Program
Cornell Law School has established a student exchange program with National Taiwan University College of Law, deepening legal education cooperation in East Asia. This program, in conjunction with the Waseda University program, aims to build a bridge connecting top law schools in the United States and East Asia. The initiative seeks to cultivate legal professionals with a global perspective and enhance the impact of legal education worldwide, fostering international understanding and collaboration in the legal field.
Taxation · 07/23/2025
Parent Tax Guide Understanding Tax Benefits and Filing Requirements
This article discusses special considerations and tax benefits that parents should be aware of when filing taxes, including credits for low-income families, dependent claims, and education tax credits. It emphasizes the importance for parents to understand their children's tax situations, income, and potential tax credits to effectively plan their taxes and enjoy corresponding benefits.