The ongoing house rent crisis in the US and problems faced by landlords
Housing Crisis caused by Pandemic The coronavirus pandemic has majorly affected the trade and business of every country on the planet. In the United States, huge numbers of industries and other sectors have been completely shut down due to the lockdowns
Emergency Fund
One should always have an emergency fund to deal with catastrophic situations. If you have some money available to help you through these catastrophic situations things will be lot less stressful. Building an emergency fund is very important for risk management.
Post COVID-19 business environment in Manhattan for immigrants
Immigrants in Manhattan New York, Manhattan has seen unprecedented economic growth in the last four decades. New businesses have been set up, of which some have even grown to be multi-million dollar companies. Still, the majority of these businesses have been
Want to setup a business in New Jersey? All you need to know about the taxes
The state of New Jersey allows several different benefits and OPP for new businesses to function in the state. Traders need to understand a few basic steps before setting up their own businesses in the state. A step by step
Canadians who own a residential rental property in the U.S
If you are a Canadian citizen and own a residential rental property in the U.S, you are subject U.S income taxes. There are two options available to you to meet the IRS tax reporting requirements. 30% Withholding Tax on Gross Income Under
Tax returns filing difficulties faced by US expats
Tax returns by US Expats United States citizens are liable to pay taxes to both the federal and state governments even if they currently reside outside the United States of America. The global coronavirus pandemic added to this picture is causing
What is Estate Planning?
What is Estate Planning? Estate planning is a process of arranging, during the person’s life, for the management and disposition of that person’s estate during the person’s life, in the event that person becomes incapacitated or dies. It is a
Acquired US citizenship? Know your tax liabilities
The United States of America is a land of opportunities where people from all around the world travel to for work, education, and other promising avenues. In many cases, the foreign nationals due to job necessities or for other benefits
Tax slabs on income earned from rented property in Alabama
All transactions are part of the growing economy. So whenever any kind of transaction takes place it is not just the duty of the buyer to pay taxes to the government. Even the seller i.e the lessor is subjected to
Coronavirus pandemic and the difficulties faced by US expats in filing returns
Coronavirus is not only affecting the world economy but is also complicating all the bureaucratic procedures essential for living as a law-abiding citizen. One such important basic duty is filing tax returns. And problems are being faced in the same during