ELGON FINANCIAL BLOG
The Top 4 Roth IRA Mistakes To Avoid
Everybody is keen to have a Roth IRA account, but messing up with the rules can be very costly.
You still have time to make a ROTH contribution for 2022. But please, don’t make the following mistakes as you make the contributions.
If on a work visa, please pay special attention to the last point.
What Is Some Useful Tax Vocabulary To Know?
What is some useful tax vocabulary to know?
Taxes are complicated, which leads to making mistakes, which can and do impact your financial life.
Here are some basic tax concepts to be aware of as you get ready to file your 2022 Taxes
Work Visa? How To Prepare For A Possible Layoff
Good financial planning will ensure you are well-prepared for when bad things happen.
If you are on a work visa, and you get laid off – you have 60 days to find another job or leave the country. In this post, I provide a list of things you can do ahead of time to avoid having to scramble last minute if laid off.
How To Get Back On Your Feet After Being Laid Off On H-1B & Other Work Visas
My biggest job fear when I got into the tech industry on an H-1B visa was that I could be let go at any time.
Sadly this is an issue facing many foreign-born nationals, currently in the US on various work visas. If this happens to you, here are some steps that may help you get back on your feet quickly.
Do I Pay Taxes When I Send Money Overseas?
Foreign-born families and other immigrants tend to send a lot of money overseas. So in this post, I’m answering the question – do I pay taxes when I send money abroad from the US?
Do I Pay Taxes on Gifts From Overseas Family?
What are the tax considerations for receiving gifts from overseas family when you live in the US and are a tax resident?
Getting Past the Disadvantage of Being New – A quick Story
Do you know what it’s like to feel at a loss or a disadvantage, to be faced with newness after newness, and to feel overwhelmed – because everything is new or because you never learned personal finance?
Can I Buy I Bonds on an H-1B Visa?
Almost everybody is looking to invest in I bonds. But can a holder of an H-1B and other work visas invest in them? What are they? How do they work? How do you buy them? What are the tax consequences of owning them?