H1B

Latest in H1B

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…

H-1B Households Filing with ITINs Remain Ineligible for Child Tax Credit

Effective July 3, 2025, the One Big Beautiful Bill Act expands the Child Tax Credit but maintains SSN requirements. H-1B…

Impact of $40,000 SALT Deduction Cap on Jointly Filing H-1B Couples

Senate’s bill raises SALT deduction cap to $40,000 in 2025, aiding H-1B couples in high-tax states with significant tax savings.…

Annual Remittance Tax Impact on Dual-Income H-1B Families Under New Bill

A 1% remittance tax in the One Big Beautiful Bill Act applies to immigrant money transfers over $15, impacting dual-income…

Are Remittances by Green-Card Holders and H-1B Workers Taxed Equally Under the One Big Beautiful Bill Act?

Starting after December 2025, the One Big Beautiful Bill Act charges a 1% tax on cash sent abroad. This applies…

Does the Remittance Excise Tax Apply Equally to Cash and Electronic Transfers by H‑1B Visa Holders?

Starting after 2025, the One Big Beautiful Bill Act imposes a 3.5% excise tax on remittances by non-U.S. citizens, including…

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 raises costs,…