H1B
Latest in H1B
Will H‑1B Families Sponsoring Parents Face Higher Costs from New Remittance Tax?
The One Big Beautiful Bill Act enforces a 1% tax on non-commercial remittance transfers by H-1B visa holders beginning 2026.…
Does the One Big Beautiful Bill Act Impose IRS Rules on Remittance for H-1B Holders
Starting fiscal 2026, a 3.5% excise tax applies to remittances sent abroad by non-U.S. citizens such as H-1B visa holders.…
Will OBBBA’s Remittance Data Rule Increase IRS and ICE Scrutiny?
The One Big Beautiful Bill Act introduces a 1% tax on remittances and requires detailed reporting to the IRS. This…
Impact of One Big Beautiful Bill Act on H-1B Self-Employed Remittance Taxes
Starting January 1, 2026, non-U.S. citizens with H-1B visas who send money abroad must pay a 3.5% excise tax on…
Impact of SALT Cap Changes on High-Income H-1B Visa Holders’ Tax Brackets
The OBBB Act temporarily raises the SALT deduction cap to $40,000, but phases it out for MAGI over $500,000. High-income…
Does the One Big Beautiful Bill Remittance Tax Affect Income Tax Credits?
From 2026, a 1% excise tax applies to international transfers over $15 under the One Big Beautiful Bill. This remittance…
Does Underpaying Remittance Excise Tax Affect H-1B Visa Renewals or Sponsorship?
Beginning in 2026, a 3.5% remittance excise tax applies to non-U.S. citizens sending money abroad. H-1B visas and sponsorship are…
Impact of One Big Beautiful Bill Act’s Medicaid Cuts on H‑1B Tax Credit Claims
OBBBA’s 2025 Medicaid and SNAP cuts increase costs and reduce benefits for H-1B families relying on refundable tax credits. New…