This article is written with Cross-Border persons in mind, especially Japanese nationals who are U.S. green card holders, but there are some points of reference for U.S. green card holders who receive their heritage from their home country. U.S. permanent...
As April 15th approaches, citizens across the United States are gearing up for Tax Day 2024. This annual deadline marks the final day for individuals to file their federal income tax returns with the Internal Revenue Service (IRS). However, Tax Day this year...
As the tax season rolls around in April, many newlyweds find themselves navigating the complexities of filing their first tax return together. This is particularly true for international couples, such as Hana, a green card holder from her marriage to an American...
This week, a bill to expand the Child Tax Credit is expected to be passed, which may be of interest to families with children. Fiscal year 2023 tax returns began being accepted on January 29th. The Child Tax Credit is one of the arguments for H.R. 7024 (Tax...
CECL stands for Current Expected Credit Loss, and it refers to a new accounting standard introduced by the Financial Accounting Standards Board (FASB) for estimating credit losses on financial instruments. While banks and financial entities will be most impacted by...
