Is your employer offering restricted stock units as part of their compensation package? When it comes time to apply for a mortgage for a home purchase, one logical question is: do my RSUs count as part of my income?
Did you know there’s a way to get up to $37,000 into your Roth IRA every year even though the contribution limit is $6,000 per year?
It can be confusing to differentiate between all the different types of retirement plans offered. The acronyms are confusing and there are different rules for each plan. We're here to distill it for you!
While there are benefits of holding the EB-5 visa, it comes with major tax consequences that catch some people by surprise. If you’re thinking about applying for the EB-5 visa, make sure you know about the tax implications.
If you’ve been researching egg freezing, you already know that it can be expensive. There’s a lot of information about there about the egg freezing process but less information about how to pay for it.
Cryptocurrency continues to gain in popularity and we field questions all the time from clients who are interested in or already invested in these assets. But here are five reasons we do not recommend cryptocurrency investments to MYRA Wealth clients.
For the top 0.01% of the American population who are subject to estate taxes because their estates exceed the $11.18M threshold, it’s crucial to plan ahead to minimize taxes imposed on assets upon death.
Did you just receive your first paycheck as an immigrant in the US? If yes, your first American pay stub might look confusing to you. To help you get to know your pay stub and understand all the different deductions and words, here’s a guide.
On the surface, dual citizenship is a wonderful benefit. Dual citizenship is a benefit for most people, but it can also have financial consequences.
The new Tax Cuts and Jobs Act created a new opportunity for investors who can receive special tax incentives for investing in distressed areas. How can you invest in an Opportunity Zone? What is required and what kinds of incentives exist?
The Tax Cuts and Jobs Act of 2017 made some changes to the types of qualified expenses that you can deploy 529 funds against: they now allow you to use $10,000 per year for primary or secondary school tuition. The average annual cost of private primary education is estimated to be $9,631, so it’s logical to be curious about whether you can use 529 funds for private K-12 or elementary, middle, or high schools. But is it wise to do that?
At one point, you might need to send funds to a friend or family member who is in another part of the world. You have several choices if you’re planning to send money abroad. Prices, convenience, and speed can vary greatly. We’ve distilled the Top 5 options for sending money abroad.
The year 2018 brought substantial changes to many of our client’s tax situations. Given all the changes, we’ve assembled a concise list of strategies you can use to reduce your taxes under the provisions of the new tax law.
Applicants for permanent residence in the United States must show that they won’t be dependent on public resources in order to qualify for a green card. Do you know about the recent changes?
The 199A deduction allows pass-through entities with domestic businesses to reduce their Qualified Business Income of up to 20%. Do you qualify?
The Tax Cuts and Jobs Act (TCJA) led to major changes to the US tax law. You should be aware of tweaks that could affect your 2018 return.
If you file taxes in the US, you may be able to deduct student loan interest from your taxable income. But what if the interest payments are made on a student loan from a non-US bank?
As an H1B worker in the US, you can expect to pay between 20-40% of your wages in federal and state and local taxes, depending on your income level.
If your loved ones are visiting the United States, it’s a good idea to make sure they are covered by health insurance. With the high cost of healthcare in the US, it would be expensive to fall ill or become injured during a US trip.
If you earn taxable income in the United States and abroad during the same year, your taxes can be complicated. When you have financial dealings in another country, you may be liable for paying income tax not just in the United States, but also to that foreign country. You may be eligible for the Foreign Tax Credit.