Foriegn

Rental Property Tax Changes (Form 1099) and Foriegn Bank Accounts and Assets Disclosure Requirements

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Two new tax changes were implemented in recent legislation that may affect a number of tax payers filing 2010 returns in 2011. One affects landlords who now need to disclose all payments made above $600. The other affects people with certain assets outside the US, who now have to formally disclose foreign holdings (like bank […]

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The alphabet soup of Immigration terminology

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As an immigrant here myself I can attest to the complications going through multiple visa process and the enormous amount of documentation to complete and provide. There are so many “classes” of immigration visa that it can all become a puddle of numbers and letters to the average person. Here is a list of some […]

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