How to Obtain a Taxpayer Identification Number (TIN) for Filing a Tax Return: Process and Immigration Considerations

How to Obtain a Taxpayer Identification Number (TIN) for Filing a Tax Return: Process and Immigration Considerations

By Brian Figeroux, Esq.  For individuals who are not eligible for a Social Security Number (SSN) but need to file a U.S. tax return, obtaining a Taxpayer Identification Number (TIN), specifically an Individual Taxpayer Identification Number (ITIN), is essential. This process is particularly significant for non-residents, immigrants, and undocumented individuals, but it raises important questions […]

Trump’s 2017 Tax Cuts Expire Soon − Study Shows they Made Income Inequality Worse and Especially Hurt Black Americans

Trump’s 2017 Tax Cuts Expire Soon − Study Shows they Made Income Inequality Worse and Especially Hurt Black Americans

By Beverly Moran, THE CONVERSATION The Tax Cuts and Jobs Act, a set of tax cuts Donald Trump signed into law during his first term as president, will expire on Dec. 31, 2024. As Trump and Republicans prepare to negotiate new tax cuts in 2025, it’s worth gleaning lessons from the president-elect’s first set of cuts. The […]

Millions of Jobs, Billions in Economic Growth at Stake if Small Business Tax Deduction Expires

Millions of Jobs, Billions in Economic Growth at Stake if Small Business Tax Deduction Expires

Editorial Credit: Yuriy K / shutterstock.com New EY macroeconomic analysis, NFIB survey of small business owners illustrate impacts of potential massive tax hike on small businesses ALBANY, NY (Sept. 20, 2024) – The National Federation of Independent Business (NFIB), the nation’s leading small business advocacy organization, released two new, impactful reports regarding the federal 20% Small Business Tax Deduction, which is scheduled […]