Taxes

Latest in Taxes

Navigating 401(k) Withdrawals for Non-U.S. Citizens Living Abroad

Non-U.S. citizens can withdraw 401(k) funds but face 30% default U.S. withholding tax. Tax treaties may reduce this rate. Required…

Correct Filing Fees and Payment Methods for I-130, I-485, I-765 Concurrent Filing

Eligible immigrants in the U.S. can concurrently file Forms I-130, I-485, and I-765 with separate fees totaling $2,375. Immediate relatives…

Buying Property from an NRI? Buyer Must Deduct TDS—Key Details

Buyers must deduct TDS when buying property from NRIs by August 2025 or face penalties. Rates differ by gain duration;…

Ryanair Urges New Government to Reverse 150% Aviation Tax Hike

Due to France’s increased aviation tax in March 2025, Ryanair plans significant flight cuts and seat reductions. This will impact…

Ryanair Cuts Operations Across Europe Due to Rising Aviation Taxes

Ryanair will cut flights in France, Spain, Germany, Denmark, and Italy from July 2025 due to increased aviation taxes, especially…

Trump Tariffs Drive Up Food Costs for American Consumers

Trump's 2025 tariffs on food imports (25%-50%) affect 75% of products, causing a $3,800 household loss and 0.9% GDP growth…

Dubai vs America: Why India’s Wealthy Are Choosing to Migrate Abroad

In 2025, around 3,500 Indian millionaires are expected to migrate abroad seeking favorable tax regimes and lifestyle. Dubai ranks highest,…

Illegal Immigration Cost Florida Taxpayers Millions in 2024

In 2024, Florida reported $660 million in unpaid hospital care for undocumented immigrants and passed laws removing tuition benefits and…