Tax

Tax

Does Giving Up a Green Card Mean U.S. Taxes No Longer Apply?

Does giving up a green card end your U.S. tax obligations? Not always. Learn about dual-status returns, Form 8854, and key tax issues after renunciation.
Tax

Does a Tax Extension Mean You Can Pay Later?

Filing a tax extension only extends the filing deadline—not the payment deadline. Learn key rules for U.S. individual and business tax returns, including automatic extension states like California.
Tax

For Those Who Never Filed FBAR

If you have Japanese bank or investment accounts and never filed FBAR, you may still be able to correct it. Learn how FBAR works, the 6-year lookback rule, and what to do now.
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Tax

When You Receive a Letter from the IRS: Common Mistakes to Avoid and How to Decide What to Do First

A practical guide to understanding what to do when you receive a letter from the IRS. Learn common mistakes to avoid, how to review the notice, what to check first, and when it may be safer to seek professional advice.
Tax

What IRS Risks Do S-Corp Owners Face When Setting Their Own Salaries?— How to Balance Salary and Distribution Wisely —

Learn how S-Corp owners can avoid IRS risks by setting reasonable compensation. A CPA explains salary vs. distribution balance and compliance best practices.
Tax

[Important] Repeal of WEP and GPO by the Social Security Fairness Act Effective 2025: Impact on Those Receiving Both Japanese and U.S. Pensions

The 2025 Social Security Fairness Act repeals WEP & GPO, changing benefits for those with both Japan and US pensions. Learn who is affected and retroactive payment details.
Tax

Year-End Tax Planning Made Simple: How Lowering Your AGI Can Save You Money

Smart year-end tax strategies for U.S. taxpayers. Learn how reducing your AGI (Adjusted Gross Income) can lower your tax bill and help you qualify for valuable credits and deductions. Take action now to avoid last-minute stress.
Tax

Can You File as Single During Divorce? Tax Rules That Could Save You Thousands + Child Tax Credit Tips

Wondering if you can file as Single during divorce? Learn tax filing status rules, Head of Household qualification, Form 8332, and how to avoid costly mistakes.
Tax

What Is an ITIN (Individual Taxpayer Identification Number)? How to Apply and Common Exceptions

Learn what an ITIN is, who needs it, and how to apply—plus common exceptions. Explained clearly by an IRS Certified Acceptance Agent in California.
Tax

The Relationship Between the U.S. Social Security System and Japan’s Pension System

An Overview of the U.S.-Japan Social Security AgreementExplaining the system that allows the combination of coverage periods under the U.S. and Japan’s Social Security systems. This guide provides valuable information for individuals working in both countries, including details on qualifying for benefits, calculating benefit amounts, and avoiding double taxation.