Filing & Compliance

A person is multitasking on a phone and laptop as they analyze a stock chart.

RSU Tax Rate Arlington Virginia: Essential Information for Employees

Restricted stock units (RSUs) have become a popular form of compensation, especially in the tech industry. In locations such as Arlington, Virginia, many employees find that understanding the taxes associated with RSUs is crucial for effective financial planning. This article will provide an overview of RSU taxation, focusing on the particularities that may apply to […]

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Tax advice for IRS forms 3520 and 3520A displayed on a wooden table with calculator, glasses, and papers.

Best Tax Advice for Form 3520 and 3520A: Expert Tips for Compliance

Navigating the complexities of tax preparation can be daunting, especially when dealing with foreign trusts and their reporting requirements. For U.S. citizens with interactions involving foreign trusts, it is crucial to understand the intricacies of Form 3520 and Form 3520-A. These forms are used to report certain transactions and ownership with foreign trusts, and filing

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IRS, Delay

IRS to Delay Required Issuance of 1099-K for Payment Platforms

Many were dreading the requirement for payment service entities (PSE) like PayPal, Venmo, and Cash App to issue a 1099-K for taxpayers receiving $600 or more for goods and services.  The legislation requiring this was part of the American Rescue Plan Act of 2021. Congress was poised the delay this measure but Congressional Action failed.

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