In my previous article, Taxes and Living Expenses in the United States, I argued that every American should have a basic understanding of the U.S. tax system. Whether you are an employee, business owner, investor, retiree, or student, taxes influence many of your financial decisions. The question is: Where should you begin?

After spending more than a decade in the corporate world, I was given the opportunity to build something of my own—a small accounting firm. During my first year of running the business, I learned many valuable lessons. One observation, however, surprised me more than anything else: despite the significant cost of taxation in the United States and its importance to society, many of my clients knew very little about taxes. Most simply trusted their accountants to do the right t

Recently, there is a very interesting tax case within the Vietnamese nail salon business community. The case could lead to meaningful changes in how many nail salons operate going forward. While there has been extensive discussion and debate surrounding the matter, much of the commentary has been based on misunderstandings of the underlying facts and tax issues. I would like to share my perspective and hopefully provide some clarity regarding the case. Link to Case https://ww