Could OBBB Remittance Tax Push H-1B Families to Use Informal Transfers?
The OBBB remittance tax, effective late 2025, targets cross-border transfers over $15, affecting H-1B families and others. It…
Articles by & updated by Sai Sankar
One Big Beautiful Bill Raises Standard Deduction, Impacts H-1B Tax Planning
The One Big Beautiful Bill Act raises the standard deduction, extends mortgage interest limits, and increases SALT deductions.…
Can H‑1B Visa Holders Claim Student Loan Interest Deduction After One Big Beautiful Bill Act?
The 2025 One Big Beautiful Bill Act permanently excludes employer-paid student loan repayments from taxable income. Resident alien…
Impact of 1% Remittance Excise Tax on H-1B Single-Income Professionals
Starting January 2026, a 1% excise tax on remittances affects H-1B visa holders and other senders. Banks automatically…
Will Dual-Income H-1B Households in High-Tax States Face Higher Marginal Rates Under Revised SALT Cap?
The SALT deduction cap may rise to $40,000 in 2025 for incomes below $500,000, giving tax relief to…
How the One Big Beautiful Bill Act Affects Federal Tax Brackets for Single-Income H‑1B Families
Effective 2025, the One Big Beautiful Bill permanently keeps lower federal tax rates and raises standard deductions, aiding…
Will Legal Immigrants Qualify for OBBBA’s Expanded Child Tax Credit?
OBBBA changes expand child tax credits mainly for legal immigrants with Social Security numbers, exclude mixed-status families, and…
Can Undocumented Workers Still Send Remittances Under OBBBA?
The July 2025 OBBBA tax requires a 3.5% fee on all U.S. remittances, affecting undocumented workers who cannot…
Does the OBBBA Remittance Tax Apply to Green Card Holders and Visa Holders?
Green card and visa holders now pay a 1% OBBBA tax on transfers over $15. IRS oversight has…