A Tet sinking fund spreads lì xì, flights, and banquet costs across the year instead of one January scramble. Here’s how much to save monthly and where to park it.
Some US insurers accept a clean driving record from Vietnam as proof of experience. Here’s which companies do this and how to document your record.
Vietnam rental income tax is due on Schedule E every year — Form 1116, not a treaty, is what stops you from paying it twice.
Without a US will, your assets go through probate by default. Naming a beneficiary who lives in Vietnam requires specific language most people skip.
A tax return checklist for self-employed Vietnamese Americans covering business records, foreign accounts, remittances, and Vietnam income for your CPA.
A dependent care FSA lets working parents set aside pre-tax dollars for daycare. Many Vietnamese dual-income couples with employer benefits skip it entirely.
Restaurant tax deductions Vietnamese owners can claim for food cost, labor, rent, and equipment, plus a record system that survives an audit.
Self-employed Vietnamese business owners can deduct their own health insurance premiums directly, yet many never realize this write-off exists separately.
FATCA Vietnamese banks like Vietcombank already report US account holders to the IRS. Here is what that means and what to do next.
New salon chairs, kitchen equipment, or computers can often be fully deducted the year you buy them instead of depreciated over several years.