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Understanding Capital Assets and Tax Treatment of Gains and Losses
U.S. immigrants must report capital asset sales, including cryptocurrency gains, using IRS forms 8949 and 1040. Capital gains receive favorable…
Understanding Reporting and Tax Treatment of Gains and Losses
Immigrants selling property or securities in the U.S. must understand gain and loss reporting rules. Investors use Schedule D and…
Is the U.S. MD Degree Equivalent to India’s MBBS Degree?
Indian MBBS is a 5.5-year undergraduate program post-high school; US MD requires 8+ years including undergrad and residency. Licensing exams…
Study Medicine in the USA: Top 10 Medical Schools and Rankings
Top U.S. medical schools in 2025 require high MCAT scores and U.S./Canadian coursework. NYU offers a tuition-free MD program. Costs…
Top 10 Richest Countries in the World 2025 by Key Economic Factors
Discover the richest countries by GDP, GDP per Capita, and national net worth in 2025. Understand visa rules, costs, and…
Understanding Non-Business Bad Debt Deduction Requirements
Non business bad debts qualify for deductions only if totally worthless with proper proof of a legal loan and collection…
How to Calculate Gain or Loss on Sale of Property in 2025
Homeowners selling their main home can exclude up to $250,000 ($500,000 joint) in capital gains if they meet IRS ownership…
Understanding Depreciation: Types of Property and Cost Recovery Methods
Depreciation lets U.S. business owners and immigrants deduct costs of tangible property used for income over years. Capital expenditures require…