Taxes for NRI?

Run, don't walk, to the library or bookstore and read: "Saving for Retirement without Living Like a Pauper or Winning the Lottery" by Gail Marksjarvis of the Chicago Tribune.

Nice. How many pages did they assign you to read in order to answer that question? I'll expand just a little on what those are, since you don't care to read their extended definitions...

I don't think SS contributions were ever voluntary. Look at the trust fund this way. SS needs to build up a reserve for all the baby boomers. It does this by setting the contributions hig...

Amounts on line 16 of the K1 would be A tax exempt interest income B other tax exempt income C nondeductible expenses D property distributions E repayment of loans from shareholders look a...

Many tax policy experts agree that the basis upon which GST is distributed between the States is inequitable. It's no secret that the federal government wishes to ultimately do away with the S...

You would owe self employment tax on the entire $50 K. There is no limit on the Medicare tax portion.

It depends on a number of factors. 1) The longer time frame, the more it makes sense to defer the income. Compound "interest" or earnings is a powerful tool. If you pay taxes up fr...

What you can't see this is a scam. WOW