What Happens If you Receive Inheritance from Non-residents?

Green Card Holder Manual Often a green card holder or a first generation, foreign born American receives inheritance from his/her parents. In this blog, I will give you the big picture of how this works. ESTATE OF US NONRESIDENT Deceased is a US nonresident If your...

EB-5 Program: A Unique Way to Obtain a Green Card

In 2016, there were approximately 10,000 people who obtained green cards through the EB-5 program. The top five countries of the number of applicants were: China 7,516 Vietnam 334 Korea 260 Taiwan 203 Brazil 150 This program may be suitable for a person who is: Able...

Life After QuickBooks

For many small and mid-sized businesses, QuickBooks is the preferred accounting software choice for solid reasons. QuickBooks is well-known and easy to use, and it offers the basic functionality that almost any business can use to get off the ground. Unfortunately,...

ASC 606 & IFRS 15 – Are You Ready?

Here is an interesting article about the new revenue recognition rule (ASC 606) and accounting software requirements. By Intacct Staff Writer   To start, both private and public companies are facing the biggest accounting change in a decade. The new standard...

5 Must-Knows for Every Green Card Holder

  Every year almost half a million people obtain Green Cards (“GC”). When you become a GC holder, you have basically the same obligations that US citizens have.  US tax laws are complex and hard to understand. If you are a GC holder, understanding the US tax laws...