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What is the Foreign Account Tax Compliance Act? [FATCA]

FATCA or the Foreign Account Tax Compliance Act is a tax law requiring United States citizens both abroad and within the country to file...
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What's The Difference Between A W-2 Form
Taxes

What’s The Difference Between A W-2 Form And A 1099 Form (And Which Should You Use?)

In the tricky world of tax codes, there are lots of definitions to wrangle and forms to fill out. One of the most common...
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Taxes

What is the beneficial ownership rule?

On May 11, 2018, the Financial Crimes Enforcement Network implemented a rule with the intention of fighting against illegal financial activities committed by many...
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Estate Tax
Taxes

Estate Tax: What Do You Have To Pay?

Is the estate that you are about to come in possession of very valuable? If that is the case, then it might be subject...
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prescription meds and money
Taxes

Sackler Family Accused of Hiding $1 Billion in Offshore Tax Havens

Several members of the billionaire Sackler family have recently come under fire in the United States. The family has already been under fire due...
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Why Is Car Registration So Expensive In California
Taxes

Why Is Car Registration So Expensive In California | Know The Reasons

If you are a resident in California or plan to move there, then you are probably familiar with the sky-high vehicle registration fee over...
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What Happens if You Don't Lile Taxes
Taxes

What Happens if You Don’t Lile Taxes: Audit and Refund Risks

Missing a filing deadline doesn’t make the problem vanish; it compounds it. If you’ve wondered what happens if you don't file taxes, the short...
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Taxes

What is the Automatic Exchange Of Information (AEOI)?

The Automatic Exchange Of Information is an agreement among governments around the world to share non-resident financial account information to reduce the possibility and...
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6 Mistakes To Avoid When Filing Cryptocurrency Taxes
Taxes

6 Mistakes To Avoid When Filing Cryptocurrency Taxes

While advances in technology have reduced the likelihood of making errors when filing your cryptocurrency taxes, there’s still the possibility that you’ll make a...
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Why Your Business Needs Professional Tax Planning Services
Taxes

Why Your Business Needs Professional Tax Planning Services

When it comes to running a business, one of the most important components is taxes. Having an effective tax plan in place can help...
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