Guide to Employer-Provided Fringe Benefits: What Is Excludable from Income
Fringe benefits can be excluded or taxable based on specific IRS rules. Key exclusions: employer health plans, Archer…
Articles by & updated by Sai Sankar
Tax Exclusion Rules for Service-Connected Military and Government Pensions
Learn when military and government disability pensions are tax-free federally, who qualifies, and required proof. Key points: 1975…
Depreciation Recapture Reduces Section 121 Exclusion on Home Sale
In 2025, Section 121 permits exclusion of up to $250,000 ($500,000 married) if you owned and lived in…
Section 121 Home Sale Exclusion: Ownership, Use, and Limits Explained
Section 121 lets sellers exclude up to $250,000 (single) or $500,000 (joint) of gain on a main home…
QPRI Exclusion Continues Through 2025; $750K/$375K Limits Apply
QPRI permits excluding forgiven mortgage debt used to buy, build, or substantially improve your principal residence for discharges…
Comprehensive List of Income Exclusions and Tax-Free Items Explained
Immigrants filing U.S. taxes can reduce taxable income using exclusions: tax-exempt municipal bond interest, up to $250,000/$500,000 home…
Indian H‑1B Holder Describes Swift Jamaica Visa Renewal Experience
An H‑1B worker traveled to Jamaica July 27–August 2, 2025, found open interview slots via usvisaslots.app, submitted DS‑160…
U.S. Imposes 25% India-Specific Tariff, Effective Aug 27, 2025
The U.S. announced August 2025 tariffs adding a 25% India duty plus a 10% baseline, with +50% metals…
Congress Advances Infertility Tax Credit as U.S. Birth Rate Falls
A bipartisan bill would create a tax credit covering up to 50% of infertility treatment costs, capped at…