Knowledge

Latest in Knowledge

GST Tax Essentials: Rates, Exemptions, and Filing for 2024–2025

The GST tax remains a separate 40% levy with a $13,610,000 (2024) exclusion still effective as of Oct 2025. Executors…

Portability of DSUE: Essentials of the Deceased Spousal Election

Survivors can use DSUE only if the spouse died on/after Jan 1, 2011, was a U.S. citizen/resident, and the executor…

Estate Tax Form 706: 2024 Exclusion, Credit, and Rates

Estates for 2024 deaths must file Form 706 if taxable estate plus lifetime taxable gifts exceed $13,610,000. Filing is also…

2025 U.S. Work Authorization: $100,000 H-1B Fee and Reforms

DHS and USCIS 2025 policies include a $100,000 H-1B Entry Fee for overseas petitions, wage-focused H-1B selection, and proposed four-year…

Top 10 U.S. Visa Mistakes and Clear Fixes to Avoid Delays

Top visa denial causes are incorrect DS-160/DS-260 entries, fraudulent documents, weak ties, poor financial proof, and bad interviews. Consistency across…

Understanding IRS Refund Claims: Deadlines, Extensions, and 1040-X

Refund claims must be filed by the later of three years from filing or two years from payment. Early returns…

Joint and Several Liability: Relief Options for Married Taxpayers

Filing jointly creates full shared liability. Use Form 8857 for tax understating issues (innocent, separated, equitable relief). Use Form 8379…

Overpayment Decisions: Apply to Next Year or Request a Refund

Overpayments can be applied to next year, refunded, or split; attach Form 8888 to divide refunds or buy up to…