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.
ACA subsidies run on your projected annual income. Underestimate it and you could owe a subsidy repayment at tax time. Here’s how to estimate income safely.
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.
Buying a home as a Vietnamese immigrant depends on documented income, not citizenship. Here’s what mortgage lenders actually verify for self-employed applicants.
High-yield savings Vietnamese Americans use pays far more than a traditional bank, with the same FDIC protection. Here’s the real rate gap.
The US and Vietnam have no income tax treaty. Here is what actually protects Vietnamese Americans from double taxation instead.