Sai Sankar
Understanding Qualified Business Loss Carryovers Under Section 199A
Section 199A remains permanent; qualified business losses carry forward to reduce future QBI. OBBBA raises the deduction to…
Understanding the Qualified REIT/PTP Component and Its 20% Deduction
Through 2025, taxpayers may claim a 20% Section 199A deduction on qualified REIT dividends and qualified PTP income…
IRS Section 199A Safe Harbor: Key Rental Real Estate Exclusions
The IRS reaffirmed that as of September 7, 2025, properties with excess personal use, triple net leases, rentals…
Safe Harbor for Rental Real Estate: Key QBI 199A Requirements
For 2025 filings the IRS reaffirmed Revenue Procedure 2019-38: to claim the Section 199A QBI safe harbor landlords…
Understanding Qualified Trade or Business Under Section 199A and SSTBs
Section 199A allows a QBI deduction for pass-through and qualifying rental income if the activity is a Section…
QBI and 199A: Why Certain Employee Services Never Qualify
Employee services are excluded from QBI under Section 199A; wages cannot generate the 20% deduction. A three-year presumption…
Section 199A: Plan for the 2025 QBI Deduction Sunset
Section 199A offers up to a 20% deduction on qualified business income and certain dividends for noncorporate taxpayers…
Does rental real estate qualify as a trade for QBI under 199A?
Revenue Procedure 2019-38’s safe harbor lets eligible landlords claim the Section 199A QBI deduction by meeting ownership, separate-records,…
Who Pays a 50% U.S. Tariff on Indian Goods and Why It Matters
Legally paid by U.S. importers, a 50% tariff on Indian goods would economically burden consumers and Indian exporters,…
Trump Pushes Major H-1B Overhaul: Cap-Exempt Revisions and New Wage-Based System
A comprehensive H-1B overhaul tightens specialty-occupation rules, narrows cap-exempt eligibility, and shifts to a wage-weighted selection by FY2027,…
Australia Emerges as the New Canada for Indian Students in 2025–26
Australia plans a 9% increase in student places for 2026, drawing strong interest from Indian students due to…
Germany and UAE emerge as top picks for Indian students in 2024–25, overtaking US/Canada
upGrad’s TNE Report finds Indian students shifting toward Germany and the UAE for 2024–25, driven by affordability, clear…
No EB-2 Visas for FY 2025: Indian Professionals Face Extended Backlog
EB-2 reached its FY2025 allocation and no EB-2 visas will issue until October 1, 2025. EB-2 India stays…
Understanding Casualty and Theft Deductions Under TCJA for Federally Declared Disasters
From 2018–2025, personal casualty or theft deductions generally require a federally declared disaster; qualified disasters use a $500…
Understanding Charitable Contributions: What Qualifies and What Doesn’t
Confirm charity status, keep bank records and contemporaneous acknowledgments for gifts of $250+, use Form 8283 for non-cash…