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
The courts have a plan for taking care of your minor kids if you pass away, become incapacitated or get deported from the US.
How do you ensure that it you can have overseas guardianship to protect your kids?
One of the questions I get all the time is how to invest in the US stock market using special accounts like Roth IRAs, HSAs, 401ks, 529, etc. on an H-1B or other work visa (L-1, O-1, H1B1, TN, and E3)
This is keeping in mind that work visas are by nature temporary non-immigrant visas and technically the holder is expected to depart the US after the work assignment.
The post is a summary of a more in-depth technical, nerdy paper written for advisors on the Nerds Eye View Blog by Michael Kitces.
Filing taxes the first year in the US as an immigrant or as a non-US citizen is not for the faint of heart. You need to figure out your filing status, in addition to understanding different concepts in the tax code. This post discusses what you need to keep in mind as you go through the process.
My interview with the Authority Magazine for their series immigrants success stories
The immigrant’s journey is a marathon not a sprint. What’s your story and how does it affect your desired future state?
Can an H-1B Visa holder open a 529 college savings account for college?. Is it legal and are there any tax consequences to keep in mind, considering the holder’s immigration status?
The U.S. is one of the very few countries that taxes citizens and green card holders on worldwide income, regardless of where they live. What strategies can immigrants use to minimize some of the tax liability?
Specific provisions for immigrants in the $900 billion Covid stimulus package
My why for starting a financial planning firm designed to serve immigrants including those on work visas.
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