Appreciate Finance Blog

Voting from overseas… and how it affects your taxes

Voting from overseas… and how it affects your taxes

Just as our final tax deadline for the year arrives for non business filings, it’s election time. Have you ever wondered about voting from overseas and if it might affect your taxes? Interestingly, according to IRS reports, more people gave up their US citizenship in...

How to Get Items Removed From Your Credit Report

How to Get Items Removed From Your Credit Report

Having a good credit score is an important part of your financial life. At the very least, it will affect the type of interest you’ll pay on any type of loan, from home mortgages to credit cards. At most, a low credit score will seriously impact your ability to...

10 Questions to ask your CFP Professional

10 Questions to ask your CFP Professional

Below are issues you will want to explore before you hire someone to be your financial advisor. You can ask these questions at your first meeting or send them in advance so the advisor is ready to address them when you meet. You might also find some of this...

What You Need to Know About Health Savings Accounts

What You Need to Know About Health Savings Accounts

The Health Savings Account (HSA) is one of the most misunderstood and underused benefits in the Internal Revenue Code. Congress created HSAs as a way for individuals with high-deductible health plans (HDHPs) to save for medical expenses that are not covered by...

Watch Out for Tax Penalties

Watch Out for Tax Penalties

Most taxpayers don’t intentionally incur tax penalties, but many who are penalized are simply not aware of the penalties or the possible impact on their wallets. As tax season approaches, let’s look at some of the more commonly encountered penalties and how they may...

As a Nonresident Alien — do you still need to pay tax in the US?

As a Nonresident Alien — do you still need to pay tax in the US?

US tax residents are taxed on their worldwide income, i.e., all of their income irrespective of source; but nonresident aliens, NRAs, are only taxed on income from sources within the USA, or US source income. One of the reasons I want to touch on NRA taxation at this...