2025 SALT Deduction Cap Rises to $40,000 for Most Filers
In 2025 the SALT cap rises to $40,000 ($20,000 if married filing separately). You can deduct either state…
Sai Sankar is a law postgraduate with over 30 years of experience across direct and indirect taxation, spanning consultancy, litigation, and policy interpretation. At VisaVerge.com he leads coverage of cross-border finance for immigrants and NRIs — U.S. and state income tax, IRS rules, tariffs and trade duties, foreign-asset reporting, gift and estate tax, and retirement accounts like IRAs and RMDs. Sai's legal acumen turns the tangled intersection of immigration and money into clear, actionable guidance for a global audience.
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In 2025 the SALT cap rises to $40,000 ($20,000 if married filing separately). You can deduct either state…
You can deduct medical expenses actually paid during the tax year that exceed 7.5% of AGI; eligible items…
The IRS, as of September 3, 2025, continues to bar deductions for most personal expenses unless they are…
For 2024 returns (filed in 2025), taxpayers should compare the standard deduction ($14,600 single; $21,900 HOH; $29,200 MFJ)…
2025 standard deduction amounts rise to $15,750 (Single), $23,650 (HOH), and $31,500 (MFJ), with larger age/blind add-ons and…
Starting Sept 30, 2025, DHS raises key travel fees: ESTA to $40, Form I-94 (land) to $30, and…
Campus Ambassador positions offer Indian students abroad flexible, resume-building work with typical monthly stipends of ₹25,000–₹70,000; duties take…
India grants tax exemptions for registered public trusts and allows deductions for non-cash political donations, while private trusts…
NRIs in Hamburg urged Shashi Tharoor to push for single-window approvals, faster consular services and stronger property dispute…
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