Rental Property / Personal Use If you rent a dwelling unit to others that you also use as a residence, limitations may apply to the rental expenses you ca...

As an NRA, you can generally continue to collect US Social Security just as you would if you remained a US citizen. Depending on these factors, you may ju...

The term “de minimis” describes something that’s too small or insignificant to be of importance. It derives from the Latin phrase “de minimis non curat le...

Health insurance premiums are deductible on federal taxes, as these monthly payments for coverage are classified as a medical expense. The general rule is...

You can work from Canada using your PR and there is no H1B visa required. H1B visa requires your physical presence on US soil to get into H-1B status. Are...

Legal and court costs related to separation are not deductible by either party involved. If you hire a lawyer to represent you in your separation agreemen...

Small businesses can reimburse employees for certain health insurance and other medical costs using a Qualified Small Employer Health Reimbursement Arrang...

Irrevocable Trusts and Capital Gains Taxes. This type of irrevocable trust may only distribute some of the income to the trust beneficiaries. Capital gain...

The form provides information about your insurance policy, your premiums (the cost you pay for insurance), any advance payment of premium tax credit and t...

In a family limited partnership, family members can pool their money and undertake a project, such as building rental properties or investing in real esta...