ELGON FINANCIAL BLOG
Afraid To Talk To Your Kids About Money? My Mom Is Not
I talked to my kids about money starting with the day they tried making a fuss at the store about something.
It’s very interesting to hear of this experiences from my youngest. In this guest post, she details what she remembers about those money lessons and the impact they have had on her. Very interesting.
Do I Pay Taxes On Gifts From Overseas Family?
If I receive gifts from overseas, what taxes am liable for?
What are the tax considerations for receiving gifts from overseas families when you live in the US and you are a tax resident?
How to Report Foreign Rental Income on US Taxes
If I own foreign rental property, do I have to include the income when I file my US taxes? The answer is yes, although it depends on your tax residency status. Read the rest of the post for the details on how you go about figuring this out and what to do with your foreign rental income.
Identity Theft: How To Not Be A Victim
The recent National Public Data breach threatens your financial life. This post discusses how you can protect yourself from identity theft and keeping your personal information safe even it’s out in on the dark web.
Overseas Inheritance: Everything You Need To Know
Receiving an inheritance from abroad can get complicated quickly. The United States enforces specific tax rules that must be followed, making it important to grasp both US and international regulations.
How to Build Strong Credit as a New Immigrant
How to build US credit from zero when new in the – In this post, I break down what US credit score is, what it’s used for and how to start building it with zero credit history. This is addressed to those brand new immigrants, but applies to anybody that’s looking to start building their credit history.
Jane Mepham Quoted In the Press – Empty-Nesters Financial Tips
In todays post, I discuss ten financial tips for empty-nesters.
We are about to become empty-nesters. So this is a subject that’s been on my mind quite a bit.
I know we are not loosing the kids – but the relationship is going to change.
Lots of fun times ahead!
Mastering FIRE Tax Strategies on a Work Visa
Part of being able to successfully implement the FIRE strategy on a work visa is saving or minimizing on taxes.
Having to pay tax penalties because of tax-compliance issues goes against that. In this post, I discuss ways to be tax-compliant with overseas assets and avoid having to pay tax penalties.