Just like most events, the earlier you start prepping for retirement the smoother the transition should be. They say that knowing is half the battle; but if you’re planning your own retirement, how are you supposed to know what to do? Here are 10 [...]
With the 2015 tax season underway, The Wolf Group would like to remind our clients and colleagues about the rampant phone scams from callers claiming to be from the IRS. These scammers employ sophisticated techniques to threaten taxpayers that they will be arrested by [...]
It's not a simple yes or no to whether a G4 visa holder has to file a tax return. Find out if you have a tax return filing requirement!
If you are a nonresident renting out your property, did you know that regardless of whether you made a gain or a loss on your U.S. rental property, you have to file a U.S. income tax return?
As 2015 draws to a close, there is still time to reduce your 2015 tax bill and plan ahead for 2016. This article highlights several potential tax-saving opportunities for you to consider. Gift Giving Annual Gift Tax Exclusion: The most commonly used method for tax-free giving is the [...]
The U.S. income tax system is one of the most complex in the world, with over 70,000 pages of laws and regulations. In addition, the U.S. tax law provides special tax provisions that only apply to international organization (“I/O”) employees and their families. Given [...]
The U.S. tax laws that relate to U.S. income tax nonresidents are complex and often difficult to apply in practice. Here are some of the most common errors made by nonresidents who work for international organizations in the United States: #1. Failure to Pay [...]
We can often find ourselves acting in ways that don’t make sense. Your spring-cleaning plans go awry when you can’t seem to part with your favorite pair of pants circa 2005, even though they haven’t fit for the last decade. You have a set [...]
Tax is usually not the first thing that comes to mind when one decides to change his immigration status. However, one should not take this matter lightly as there may be significant tax implications in the type of U.S. visa one acquires. The Wolf Group [...]
In a seemingly reluctant nod to increasing pressure from other more pro-business tax regimes, the U.S. recently introduced a proposal for legislative change in the form of an innovation (intellectual property) box regime. Similar regimes have been around for a number of years in [...]