Knowledge
Latest in Knowledge
Understanding Qualified Trade or Business Under Section 199A and SSTBs
Section 199A allows a QBI deduction for pass-through and qualifying rental income if the activity is a Section 162 trade…
QBI and 199A: Why Certain Employee Services Never Qualify
Employee services are excluded from QBI under Section 199A; wages cannot generate the 20% deduction. A three-year presumption treats former…
Section 199A: Plan for the 2025 QBI Deduction Sunset
Section 199A offers up to a 20% deduction on qualified business income and certain dividends for noncorporate taxpayers through 2025.…
Who Pays a 50% U.S. Tariff on Indian Goods and Why It Matters
Legally paid by U.S. importers, a 50% tariff on Indian goods would economically burden consumers and Indian exporters, hitting textiles,…
Chungnam National University Unveils Global Project Manager Program for International Students
CNU’s Global Project Manager program pairs ~30 international students with ~15 local startups/SMEs for October–November 2025 projects; apply by September…
No EB-2 Visas for FY 2025: Indian Professionals Face Extended Backlog
EB-2 reached its FY2025 allocation and no EB-2 visas will issue until October 1, 2025. EB-2 India stays at January…
Understanding Casualty and Theft Deductions Under TCJA for Federally Declared Disasters
From 2018–2025, personal casualty or theft deductions generally require a federally declared disaster; qualified disasters use a $500 per-event reduction…
Understanding Charitable Contributions: What Qualifies and What Doesn’t
Confirm charity status, keep bank records and contemporaneous acknowledgments for gifts of $250+, use Form 8283 for non-cash gifts over…