Taxes
Latest in Taxes
Do H‑1B Spouses Filing Jointly Qualify for Education Credits in 2025?
Spouses of H-1B visa holders filing jointly can claim American Opportunity and Lifetime Learning credits if they meet SSN and…
Do Remittance Taxes Under OBBB Act Differ for H-1B Joint vs Separate Filers?
Effective after 2025, the OBBB Act introduces a 1% remittance tax on money sent abroad from U.S. banks affecting H-1B…
Are H-1B Self-Employed Individuals Subject to New Taxes Under the One Big Beautiful Bill?
From July 2025, the One Big Beautiful Bill Act enhances the QBI deduction and bonus depreciation but introduces no new…
Impact of One Big Beautiful Bill on SALT Deduction for Dual-Income H-1B Families
The One Big Beautiful Bill Act proposes raising the SALT deduction cap to $40,000, easing federal taxes for dual-income H-1B…
H-1B Households Filing with ITINs Remain Ineligible for Child Tax Credit
Effective July 3, 2025, the One Big Beautiful Bill Act expands the Child Tax Credit but maintains SSN requirements. H-1B…
Impact of $40,000 SALT Deduction Cap on Jointly Filing H-1B Couples
Senate’s bill raises SALT deduction cap to $40,000 in 2025, aiding H-1B couples in high-tax states with significant tax savings.…
Annual Remittance Tax Impact on Dual-Income H-1B Families Under New Bill
A 1% remittance tax in the One Big Beautiful Bill Act applies to immigrant money transfers over $15, impacting dual-income…
Are Remittances by Green-Card Holders and H-1B Workers Taxed Equally Under the One Big Beautiful Bill Act?
Starting after December 2025, the One Big Beautiful Bill Act charges a 1% tax on cash sent abroad. This applies…