Taxation · 08/21/2025

This article provides a clear and concise introduction to US property tax, its components, and typical rates. Property tax is a vital source of revenue for US local governments, primarily based on the value of land and buildings. Tax rates vary by location, generally ranging from 1% to 3%. Understanding property tax is crucial for accurately assessing the overall costs associated with homeownership in the United States. It helps potential buyers make informed decisions about their investment.

Taxation · 07/23/2025

This article emphasizes the importance of timely tax payments and offers various payment methods for taxpayers. It discusses options for applying for payment plans to address tax debts and provides suggestions for ensuring accurate withholding of taxes throughout the year. The necessity of timely tax payments to avoid penalties and interest is highlighted.

Taxation · 07/25/2025

Data from the 2023 tax season shows an increase in the number of personal income tax filings and processing capacity, with e-filing becoming more widespread. The total amount and number of refunds have significantly risen, although the average refund amount has decreased, reflecting the impact of the economic environment and tax policies.

Taxation · 07/25/2025

Form 4506-T is a tax record request form provided by the IRS to help taxpayers easily obtain their tax returns, account records, and other information. This guide outlines the various uses of the form and its privacy protection features, enabling you to manage your tax preparation and financial matters with ease.

Taxation · 08/13/2025

This article discusses the efforts of U.S. tax authorities and the private sector to protect taxpayer information, advocating for the joint participation of taxpayers, tax professionals, and businesses in security measures. It provides specific actions to help all parties enhance their personal information protection capabilities, aiming to create a secure tax environment.

Taxation · 07/25/2025

Data from the 2019 tax season indicates a decline in the total number of individual tax filings, with a simultaneous drop in e-filing and website traffic. Additionally, both the scale and quantity of refunds have significantly decreased. This series of changes reflects taxpayers' adaptation to new tax laws and potential shifts in economic conditions.

Taxation · 08/13/2025

This article explores how taxpayers can apply for a delay in tax payment through IRS Form 1127 to assist those facing financial difficulties in meeting their tax obligations on time. It provides a detailed overview of the eligibility criteria, the application process, and the significance of the form, helping taxpayers better manage their tax pressures.

Taxation · 07/15/2025

As the tax filing season approaches, the Internal Revenue Service (IRS) is reminding taxpayers to take note of various free tax filing options, with the newly launched Direct File online service, which has been officially rolled out in 25 states, being a key highlight. The service supports multiple devices, guides users through federal tax return filing via a question-and-answer format, and can automatically link to state tax form creation. It has newly added support for declaring various income

Taxation · 08/04/2025

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.

Social Networking · 07/25/2025

The U.S. family reunification immigration policy provides relatives hoping to legally immigrate with the opportunity to apply for a green card. This policy includes categories for relatives that U.S. citizens and green card holders can sponsor, along with a detailed overview of the application process.

Lawyers · 08/06/2025

Deferred Enforced Departure (DED) provides essential legal protection for Liberian citizens in the United States, allowing them to remain legally during times of crisis while applying for work and travel permits. However, it is important to consider the temporary nature of DED and its potential legal implications.

Lawyers · 07/23/2025

This article offers a comprehensive overview of the U.S. immigration policy for 2025, assisting immigrants in understanding policy changes, protecting their rights, and applying for related benefits. Timely updates are essential, especially in the context of the new government.

Finance · 08/06/2025

The US stock market suffered a sharp decline due to weak non-farm employment data and uncertainties surrounding Trump’s policies, leading investors to worry about the economic outlook. Additionally, Trump's diplomatic actions have added extra pressure on the market, with future policy directions and geopolitical risks poised to significantly impact market stability.

Finance · 08/06/2025

US stocks suffered a sharp decline due to disappointing non-farm employment data and uncertainties surrounding Trump's policies, resulting in successive drops in the Dow Jones index and a significant decrease in investor confidence. Kugler's resignation presents new opportunities for policy direction, while increasing tensions between the US and Russia continue to raise concerns about the economic outlook.

Finance · 08/06/2025

The U.S. stock market has faced concerns due to weak employment data and policies from the Trump administration, causing the Dow Jones Index to decline for five consecutive days and increasing recession risks. Expectations for future interest rate cuts have risen, drawing attention to the economic outlook.