Taxes
Latest in Taxes
OPT program under attack as lawmakers push termination and tighter rules
OPT remains active but faces major threats in 2025: H.R. 2315 would abolish OPT; the DIGNITY Act would end FICA…
Tax hurdles and rupee fears: European NRIs split on India investments
NRIs in Europe must balance taxes, rupee swings, and compliance when investing in India. Use NRE for repatriable, tax-free interest;…
Workers’ Compensation and Injury Payments: What Is Tax‑Exempt
Updated August 16, 2025: Workers’ compensation, compensatory damages for physical injury, and qualifying life insurance proceeds are generally tax‑free. Keep…
2023 Foreign Earned Income and Housing Exclusions: Rules and Limits
Americans abroad can exclude up to $120,000 (2023) of foreign earned income using Form 2555 if they have a foreign…
Overview of 529 Qualified Tuition Programs and Tax Treatment
529 plans (QTPs) provide tax-free growth and tax-free distributions for qualified education expenses; K–12 tuition cap is $10,000 per student…
Retiree in south denied French citizenship over majority foreign income
France implements Stricter Naturalization Rules Effective January 1, 2026, increasing B2 language requirement, adding a civic exam, and prioritizing French-sourced…
Singapore PR for Indians: Official SGD120 Fee, Online e-PR Process
As of August 2025, Singapore PR costs SGD 120 and must be filed online via ICA’s e-PR with SingPass. Processing…
Tax Rules for Scholarships, Fellowships, and Education Benefits Explained
You can exclude qualified scholarships, bond interest, and Coverdell ESA distributions when used for tuition and required fees. Room and…