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Types of partnerships in the USA
You can check our previous article about partnership itself on our blog. In this article we try to describe what types of partnerships exist and reasons for choosing each of them.
What is a partnership and how is it taxed in USA
A partnership is an arrangement where parties, known as business partners, agree to cooperate in order to advance their mutual interests.
Federal tax return in the USA
The U.S. federal income tax is a tax levied by the Internal Revenue Service (IRS) on the annual earnings of individuals, corporations, trusts, and other legal entities.
J1 visa: all you need to know
The J-1 visa, also known as the Exchange Visitor Visa or J student visa, is for anyone outside of the US who wishes to take part in study- and work-related exchange programs approved by the Department of State Bureau of Educational and Cultural Affairs. Typically, a J-1 student visa holder is sponsored by an educational or nonprofit institution.
How to receive SSN or ITIN in USA?
A Social Security number (SSN) is a unique identifier issued by the Social Security Administration. You need an SSN to work, and it’s used to determine your eligibility for Social Security benefits and certain government services.
State income tax in the USA
A state income tax in the USA is a tax on income earned in a given state. It is similar to a federal income tax, but state income tax generally funds state budgets rather than the federal government.
The Implications of the 2020 U.S. Elections on Expat Taxes
After a drawn-out week of counting ballots, the United States elections have finally concluded. Former Vice President Joe Biden will become the next President of the United States, following what wound up being a relatively decisive victory.
Au Pair in America - Taxes Explained
Au Pair in the United States of America is a meaningful way to care for children and share educational and cultural experiences, bringing together so many opportunities into one incredible experience.