Taxes
A tax return checklist for self-employed Vietnamese Americans covering business records, foreign accounts, remittances, and Vietnam income for your CPA.
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.
Nail salon and restaurant owners face specific IRS audit triggers. See the top 5 red flags and how clean books keep your return safe.
Remittances to a parent in Vietnam can support a dependent claim, but a residency rule disqualifies many families. Here’s what actually qualifies.
A vehicle used 80% for business lets you deduct 80% of actual costs, or 67 cents a mile in 2024. Most Vietnamese delivery drivers claim far less than they could.
1099 vs W-2 for Vietnamese nail techs, explained through IRS rules on booth rent, schedules, and who controls the work.
Learn when Vietnamese small business payroll withholding starts, what to withhold, and how to avoid IRS penalties.