Mel Whitney
Articles
American Opportunity Tax Credit: Eligibility, benefits, and how to claim it
Disclaimer This article is for informational purposes only and does not constitute legal or tax advice. Always consult with a tax professional for your specific circumstances. ...
What is an ITIN and why do you need one?
Taxpayer identification numbers are essential for anyone who wants to pay taxes in the United States. However, not everyone is eligible for a Social Security number. That's where an Individual Taxpayer Identification Number, or ITIN</...
Standard vs itemized deduction on the US tax return
As an expat, dealing with the tax laws of two countries can be a challenging task. One of the most important decisions you'll make is whether to take the standard deduction or itemize your deductions. What is standard deduction? Let's break it down: the standard deduction is a fixe...
What Is Form 1099-DIV? Dividends And Distributions Mystery Solved
If you invested your money in stock & mutual funds and received dividends and capital gain distribution then you will likely receive a Form 1099-DIV from the payers. In this article, you will find out what is Form 1099-DIV, who can file it, how to file for Form 1099-DIV, how to report dividends without it, and what the deadline is.<...
A Tax Guide for Italian Expats in the United States
It is not an understatement to say that American culture and history have been heavily influenced by Italy. Waves of Italian immigration to the U.S. in the late 1800s have resulted in one of the largest Italian expat communities in the world. According to the Census Bureau's ...
What to Do After Getting A Letter From the IRS
Every year, the IRS sends out millions of notices to taxpayers. These letters are sent for a variety of reasons. Below is a list of ten simple things you need to do when that notice arrives. 1. Don't ignore it. Most IRS letters and notices are about federal tax re...