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by taxtium Oct 25, 2025

US Payroll – Step 3: Choose Pay Frequency & Payroll System

πŸ’ΌUS Payroll – Step 3: Choose Pay Frequency & Payroll System :- 1️⃣ Decide Pay […]

by taxtium Oct 25, 2025

US Payroll – Step 2: Collect Employee Documents

πŸ’ΌUS Payroll – Step 2: Collect Employee Documents :- 1️⃣ Form W-4 – Federal tax […]

by taxtium Oct 25, 2025

US Payroll – Step 1: Get Set Up

πŸ’ΌUS Payroll – Step 1: Get Set Up :- 1️⃣ Apply for EIN (Employer Identification […]

by taxtium Oct 25, 2025

Form 8938 (FATCA) – Specified Foreign Financial Assets

πŸ’‘ Form 8938 (FATCA) – Specified Foreign Financial Assets :- If you are a U.S. […]

by taxtium Oct 25, 2025

FBAR vs Form 8938 – What’s the Difference?

FBAR vs Form 8938 – What’s the Difference? πŸ“Œ FBAR (FinCEN Form 114):- β€’ Report […]

by taxtium Oct 25, 2025

Itemized Deductions vs Tax Credits – What’s the Difference?

πŸ’‘ Itemized Deductions vs Tax Credits – What’s the Difference? πŸ“Œ Itemized Deductions β†’ reduce […]

by taxtium Oct 25, 2025

Schedule SE (Form 1040) – For the Self-Employment Tax

πŸ’‘ Schedule SE (Form 1040) – For the Self-Employment Tax :- If you work for […]

by taxtium Oct 25, 2025

Common IRS Forms That Report Taxpayer Income (with Form 1040)

πŸ’‘ Common IRS Forms That Report Taxpayer Income (with Form 1040) Each of these forms […]

by taxtium Oct 25, 2025

Notable Changes for Tax Year 2025 (Income tax returns to be filed starting tax season 2026)

πŸ’‘ Notable Changes for Tax Year 2025 (Income tax returns to be filed starting tax […]

by taxtium Oct 25, 2025

Form 3520 – Transactions with Foreign Trusts

πŸ“‹ Form 3520 – Transactions with Foreign Trusts :- Annual Return To Report Transactions With […]

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Categories

  • 1040 -Individual Tax (31)
  • 2024 Tax Changes (1)
  • 2025 Tax Changes (3)
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  • FACTA / FBAR / FINCEN (4)
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  • Tax Credits (25)
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  • US Taxation: A Quick Guide for Beginners! (24)

Recent Posts

  • Early Tax Planning: Get Ahead of the Game
  • Understanding Code G on Form 1099-R β€” What It Really Means
  • Understanding IRAs β€” Your Retirement Money’s Best Friend
  • Why choose an S-Corp over a standard LLC?
  • 2025 tax deadlines for non-US LLC owners

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Form 3520 – Transactions with Foreign Trusts

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