Many people find U.S. tax rules confusing, especially if they live outside the United States. If you have foreign income or foreign bank accounts, you might hear about Form 14653. This form sounds complicated, but we are here to explain…
With the approval of the Executive Budget for 2015-16, several changes to the New York State estate tax law took effect. These changes amend the significant revamping of the state estate tax system from the year before. The legislation applies…
It’s a traumatic experience to lose a spouse. While there is little that can be done to replace this physical and emotional loss, the Tax Code provides some relief for newly widowed taxpayers. Here is a summary of some of…