Tax planning is a year-round activity. Smart investors are always looking for ways to minimize their tax liability, and with the potential for tax bracket increases, now is the perfect…
This comprehensive guide explains FICA taxes, covering their history, how they work for employers and employees, tax rates and limits for 2024, self-employment taxes (SECA), common mistakes to avoid, and…
This comprehensive guide walks you through the essential steps of starting a nonprofit, from defining your mission and building a strong foundation to navigating legal and financial requirements and ensuring…
Stock trading can be an exciting way to grow your wealth, but it's important to remember that Uncle Sam wants his share of your profits. As a CPA, I often…
As a small business owner or independent contractor, the world of tax forms can seem daunting. One crucial aspect that often trips people up is understanding Form 1099. At XOA…
This comprehensive guide explains Form 1040NR for nonresident aliens filing US taxes in 2025, covering filing requirements, income reporting, deductions, credits, tax treaties, FATCA, and more.