H1B
Latest in H1B
One Big Beautiful Bill Act Offers Tax Breaks but Lacks SSN Clarity for Tips
The 2025 One Big Beautiful Bill Act offers tax breaks on Social Security, tips, and overtime pay while increasing child…
Could Deficit Boost from One Big Beautiful Bill Raise Mortgage and Auto Loan Rates for H‑1B Visa Holders?
The One Big Beautiful Bill Act will increase the U.S. deficit and likely raise mortgage and auto loan interest rates.…
Will Excise Tax on Remittances in OBBB Deter H‑1B Holders From Sponsoring Family?
The proposed excise tax on remittances would add costs for H-1B holders sending funds abroad. Senate exemptions might exclude bank…
Do Remittance Taxes Under OBBB Act Differ for H-1B Joint vs Separate Filers?
Effective after 2025, the OBBB Act introduces a 1% remittance tax on money sent abroad from U.S. banks affecting H-1B…
New IRS Reporting Rules for H-1B Holders Under One Big Beautiful Bill
Starting July 2025, the One Big Beautiful Bill Act may require H-1B holders to pay a 3.5% tax on remittances.…
Do H‑1B Spouses Filing Jointly Qualify for Education Credits in 2025?
Spouses of H-1B visa holders filing jointly can claim American Opportunity and Lifetime Learning credits if they meet SSN and…
Are H-1B Self-Employed Individuals Subject to New Taxes Under the One Big Beautiful Bill?
From July 2025, the One Big Beautiful Bill Act enhances the QBI deduction and bonus depreciation but introduces no new…
Impact of One Big Beautiful Bill on SALT Deduction for Dual-Income H-1B Families
The One Big Beautiful Bill Act proposes raising the SALT deduction cap to $40,000, easing federal taxes for dual-income H-1B…