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…
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…
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.…
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.…