Oliver Mercer
Reporting Income for Freelance Remote Work with Non-US Companies
Learn how to report income from freelance work done remotely for a non-U.S. company, including tax obligations and…
Married to a U.S. Citizen: Should You File Taxes Jointly or Separately?
If you married a U.S. citizen late in the year, the best option for tax filing is generally…
Alternatives for Tax Filing Without a Social Security Number
If you can't get a Social Security Number (SSN) in time for tax season, there are alternatives for…
K-1 Visa Taxes: Filing for Foreign Income
If you have no U.S. income but have foreign income as a K-1 visa holder, you still need…
Common L1 Visa Tax Mistakes and Their Implications for Visa Holders
Inaccurate tax filing can have serious implications for L1 visa holders. Understanding tax mistakes and implementing proper tax…
L1 Visa Taxes: Maximizing Tax Deductions for Visa Holders
L1 visa holders can reduce their tax liabilities through tax deductions. Understanding L1 visa taxes is important for…
L1 Visa Tax Compliance Guide for Expatriates
For L1 visa tax compliance, expatriates must follow key steps including determining tax residency, understanding tax treaties, and…
Social Security and Medicare Taxes for L1 Visa Holders: Understanding Nonresident Obligations
L1 visa holders are generally subject to Social Security and Medicare taxes. However, if they are considered nonresident…
L1 Visa Taxes: Understanding Expat Tax Rules in the USA
L1 visa holders in the United States may have different tax rules compared to US citizens, which includes…
Understanding Accuracy-Related Penalties Under IRC 6662 for Underpayments
Under IRC § 6662, accuracy-related penalties are imposed on underpayments. Learn more about these penalties and their implications…
Understanding IRC Fraud Penalties and Tax Evasion Consequences
Under IRC §§ 6651(f) or 663, fraud penalties can be imposed for tax evasion consequences. Learn more about…
Understanding Form 8865 Penalties for Non-Filing
Form 8865 is for U.S. taxpayers with foreign partnerships. Not filing this form can result in severe penalties.…
Form 3520 Penalties: Understanding IRS Noncompliance Consequences
Penalties for not filing Form 3520 can lead to serious consequences, including IRS noncompliance consequences. Find out the…
Understanding Penalties for Non-Compliance with Form 8938 FATCA Reporting Requirements
Not filing Form 8938 can lead to penalties and non-compliance with FATCA reporting requirements. Stay informed to avoid…
Tax Deductions and Benefits for L1 Visa Holders
L1 visa holders can benefit from tax deductions and enjoy tax benefits. They should explore deductions, such as…