Mel Whitney
Articles
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...
Military Tax Deductions Available to Active Members of the US Military
Life as an active member of the United States Armed Forces can be as challenging as it is rewarding. Especially when it comes time to file a US income tax return. That can become for those who qualify – a US expat tax return. It is not uncommon for Military Personnel to be transferred to multiple bases both in the United States and abro...
Lifetime Learning Education Credit 101
When we hear the word “education”, we often think of children. But, education is broader than that, and learning should never end, no matter your age. Regardless of whether or not you enjoy learning, education is not cheap these days, and if your education can be paid for by someone else - you’re in luck. Thankfully, even ...
9 US States With No Income Tax
There are a handful of states with low state tax or without an income tax, and a couple of others that only tax dividends and interest. Of course, these states must still fund government programs, so they raise the money using fees, property taxes, sales taxes, and various other sources of income. Depending on the details of your individual situa...