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17 May 2023, 3:08 am by Katelynn Minott, CPA & CEO
In addition, they also must pay US taxes, since America’s tax system requires that all citizens and permanent residents file a federal tax return — provided that they meet the minimum income reporting threshold — regardless of where in the world they live. [read post]
15 May 2023, 5:19 am by Katelynn Minott, CPA & CEO
Foreign Bank Account Report (FBAR) If you have $10,000 or more in foreign bank accounts at any point in the year, you’ll need to report the contents of those accounts to the F [read post]
14 May 2023, 9:00 pm by Neil H. Buchanan and Michael C. Dorf
For various internal accounting reasons, some parts of the federal government are deemed to “owe” other parts of the federal government money, in what are known as “intragovernmental holdings. [read post]
10 May 2023, 4:28 am by Cari Rincker
If he immediately sells it, he would have no capital gain, and thus, would benefit from significant tax savings. [read post]
10 May 2023, 4:00 am by Administrator
I hope this book will be a useful tool in their workplace, one that will save them time and make their journalism better. [read post]
8 May 2023, 9:01 pm by Neil H. Buchanan and Michael C. Dorf
That is, a person could put $100 into a deposit account with a bank, and if the bank pays three percent interest, the person would be able to withdraw three dollars per year forever. [read post]
4 May 2023, 9:05 pm by renholding
It is a common refrain, mostly on the political right, that considering environmental, social, and governance (“ESG”) factors when investing is probably illegal.[1] The basis for this argument derives from the fiduciary duty of loyalty and its corollary, the “sole interest” or “exclusive benefit” rule, enshrined in both federal and state law, which prohibits fiduciaries from investing for any purpose other than the financial well-being of the beneficiary.… [read post]
3 May 2023, 11:40 am by admin
Likewise, dispensaries usually won’t accept credit cards, since those are issued by banks, which must have a federal charter, making nearly all banks fearful of getting involved. [read post]
2 May 2023, 1:05 pm by Joe Mullin
Solicitor General represents the views of the federal government to the Supreme Court. [read post]
1 May 2023, 3:00 pm by MOYNIHAN LYONS PC
Adding anyone other than a spouse could also trigger a federal gift tax issue. [read post]
1 May 2023, 7:00 am by Mike Habib, EA
First and foremost, Mike Habib is an Enrolled Agent (EA), which is a federally licensed tax practitioner who has the right to represent taxpayers before the IRS. [read post]
28 Apr 2023, 6:30 am by Bright!Tax Writers
By December 2022, Indonesia officially announced a “second home visa,” although it required applicants to either deposit nearly $130,000 in a state-owned bank or purchase a local property worth the same amount. [read post]
23 Apr 2023, 9:01 pm by renholding
In that role, he worked closely with President Franklin Roosevelt to establish the nation’s first federal securities laws. [read post]
22 Apr 2023, 7:16 pm
For instance, if federally-regulated local banks faced new national rules on an issue like climate change disclosures, banks would need special permissions from local officials to keep public business in Utah he said. [read post]
20 Apr 2023, 1:20 pm by Marcia Delgadillo
A qualified custodian generally is a federal or state-chartered bank or savings association, certain trust companies, a registered broker-dealer, a registered futures commission merchant, or certain foreign financial institutions. [read post]
19 Apr 2023, 7:46 am by Matthew Dochnal
LLCs provide business owners with many significant benefits, from protecting their personal assets to potential tax savings. [read post]
17 Apr 2023, 6:30 am
   With a deposit base more than 90% uninsured and a balance sheet badly damaged by a combination of bad luck and bad strategy, SVB could not be saved by the standard tools of the Federal Reserve and FDIC. [read post]
17 Apr 2023, 6:30 am
   With a deposit base more than 90% uninsured and a balance sheet badly damaged by a combination of bad luck and bad strategy, SVB could not be saved by the standard tools of the Federal Reserve and FDIC. [read post]
17 Apr 2023, 5:57 am by Keian Razipour
It also determined that a third objection on jurisdiction, over claims regarding Bank Markazi, was not of a preliminary character and saved a full decision on that objection for full development of the factual record. [read post]