# Taxes
Have a Big Expense Coming Up? Which Credit Card Should You Apply For? "Best Picks for Tax Season"
It’s tax-payment season again. If you have a large tax bill to pay, you may want to apply for a credit card with a high spending requirement. By paying your taxes with a credit car...
2025 Guide for New International Students in the U.S. (Join the New Student Group)
This article brings together useful information for new international students coming to the U.S. in 2025! It curates beginner-friendly posts from more than a decade of this blog,...
What Should You Do If You Receive Form 1099-K? How Do You Report It on Your Tax Return? "Threshold Reverted to $20,000/200 Transactions"
Under the latest law, third-party payment receipts will trigger a 1099-K only if they exceed $20,000 or 200 transactions. This change will take effect in 2025, meaning the new rule...
Tax Reporting for Welcome Bonuses, Cash Back, Interest, and Sweepstakes: 1099-MISC Threshold Will Increase to $2,000
Under the latest law, Form 1099-MISC will only be issued when the amount exceeds $2,000. This change will take effect in 2026, which means the 2025 tax year will still use the curr...
The Road to Financial Freedom: Retirement Planning — 401(k) and Backdoor Roth Step-by-Step Guide
Today I’m diving into two topics: 401(k) contributions and the backdoor Roth IRA. Once you know these two basics, the next article will cover the advanced mega backdoor strategy so...
How to Apply for a U.S. ITIN (Individual Taxpayer Identification Number)
If you have non-employment income in the United States and do not qualify for a tax exemption or for not filing a return, you may need to apply for an Individual Taxpayer Identific...
Hong Kong Airport departure tax rises to HK$200, but travelers arriving by land can still claim a refund when flying out
Recent news from Hong Kong International Airport is especially encouraging for travelers connecting through Hong Kong. Starting October 1, Hong Kong’s air passenger departure tax r...
For U.S. Wage Earners: Four Ways to Save Taxes with Retirement Accounts
The key advantage of retirement accounts is tax deferral or tax-free growth. That means you may not owe tax now, or you may avoid tax when you withdraw later—the tax timing gap can...
How to File Taxes Online with OLT (NRA Version)
OLT is a great option for filing taxes for U.S. “cloud residents” who are not in the U.S. The tax return it generates can help prevent AMEX FR from sending a 4065T; if you do not h...
2025 U.S. Tax Filing Guide (2024 Tax Year)
The 2025 tax filing deadline is coming up on April 15, so if you haven’t finished yet, now is the time. With the 1099-MISC and 1099-INT forms issued by banks, along with your own W...
Juno Checking Account: "Explanation of Prior Failed Deposit + 2024 Tax Forms"
Explanation of prior failed deposit + 2024 tax forms...