Education · 06/29/2025

This article explores the potential dissolution of the U.S. Department of Education and its implications for the education system. It points out that such a move could lead to a restructuring of education funding and regulation, particularly affecting students from low-income families. While executive orders aim to undermine the department's functions, a complete dissolution would require congressional legislation, which is unlikely to happen in the short term. State education departments need

Taxation · 05/08/2024

The U.S. Treasury and IRS have released proposed regulations aimed at improving compliance processes for foreign trust transactions and information reporting. A working group has been established to optimize penalties, reducing taxpayer burden and encouraging voluntary compliance. More specific recommendations will be provided in the future to enhance international tax transparency and efficiency.

Taxation · 07/25/2025

This article discusses how to deal with W-2 and 1099-R forms that have not been received or contain incorrect information. It focuses on contacting employers, engaging the IRS, using substitute form 4852, and the steps for submitting corrected returns, helping readers ensure the accuracy and timeliness of their tax filings.

Loans · 08/04/2025

This article discusses key factors and recommendations for real estate investment in the United States. It emphasizes the importance of selecting the right area, understanding loan policies, and being aware of tax implications. Additionally, it highlights the value of professional real estate brokerage services to support investors in successfully navigating property transactions.

Finance · 05/26/2025

The U.S. Treasury has decided to gradually halt the production of the one-cent coin, as its manufacturing cost has reached four times its face value, leading to financial losses. With rising inflation, the actual market value of this coin is nearly zero. Additionally, discussions among nations regarding the production and elimination of low-denomination coins reflect trends towards digital payments and potential impacts on low-income populations. While the Treasury has the authority to make this

Taxation · 12/04/2024

This article explores the pros and cons of adding an Accessory Dwelling Unit (ADU) in the United States. Building an ADU can generate rental income and increase property value, but also comes with higher taxes, increased maintenance costs, and potential buyer acceptance issues. Thorough market research, understanding local regulations, and self-assessment are crucial before making a decision. Weighing these factors carefully will help determine if an ADU is the right investment for your property and financial goals.

Taxation · 05/14/2024

The IRS reiterates its ongoing support for child support payments, ensuring that assistance from states and Native American tribes remains unaffected. In clarifying reports regarding access to tax refund offsets, the IRS states that there are no changes. Future legislative proposals and plans for enforcing child support will be advanced within a framework of cooperation.

Taxation · 07/18/2025

This article introduces four free methods for changing your ITIN address, including filling out an address change form, using a new tax form, writing a statement, and calling the IRS customer service. Each option is detailed with its procedure, advantages, disadvantages, and estimated processing time, helping readers choose the method that suits them best.

Taxation · 08/07/2025

Form 56 is an important form in the management of families and trusts in the United States, used to notify the IRS regarding the establishment or termination of a legal representative relationship. This article provides a detailed analysis of the structure and usage of Form 56, helping you manage related tax matters more smoothly.

Finance · 08/14/2025

SigFig is a smart investing platform designed to help investors grow their wealth at a low cost through personalized customization, automated management, and a transparent fee structure. Its core advantages include tax optimization, dividend reinvestment, and portfolio rebalancing. SigFig is ideal for individuals seeking an easy way to manage their investments and achieve financial freedom.

Finance · 06/30/2025

On Monday, major U.S. stock index futures rose following Canada's cancellation of its digital services tax. Investors focused on several tech stocks collaborating with NVIDIA, including Cyngn and Nebius Group, as their rapid advancements in artificial intelligence and autonomous driving garnered market attention. Additionally, bank stocks generally climbed due to positive results from the Federal Reserve's stress tests.

Travel · 07/17/2025

This article discusses tourist expenditure levels in the United States, currency exchange, and tipping culture, providing a detailed analysis of price differences across various cities. It particularly highlights the shopping tax refund policies, food costs, and transportation expenses, offering practical information and advice for travelers planning to visit the US, enabling them to better manage their travel budget.

Taxation · 07/25/2025

This article outlines the ten fundamental rights established by the Taxpayer Bill of Rights, emphasizing their importance in interactions between taxpayers and the IRS. Taxpayers should be aware of these rights to ensure they are treated fairly and with respect when dealing with tax issues. The Taxpayer Advocate Service (TAS) offers free assistance to taxpayers who encounter difficulties.

Culture · 07/28/2025

This article provides a comprehensive guide to starting a nonprofit organization in the United States, covering all steps from identifying community needs to applying for tax-exempt status. It emphasizes the importance of a business plan, establishing a board of directors, and creating a budget, aiming to assist individuals aspiring to drive social change in effectively implementing their ideas.

Culture · 07/24/2025

This article outlines the essential steps to establish a non-profit organization in the United States. It includes identifying community needs, applying for tax-exempt status, writing a business plan, and forming a board of directors. The aim is to assist individuals and groups who are eager to improve their communities in successfully creating and operating non-profit organizations.