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QS World University Rankings 2025: Top 10 Global Universities and Programs

International applicants should start university research 6–12 months before deadlines, prepare for GRE, GMAT, IELTS/TOEFL early, submit thorough applications, then…

Tax Treatment of Alimony Payments Before and After 2018 Changes

As of 2019, alimony payers cannot deduct payments on federal taxes, and recipients do not report alimony as income. Old…

How to Report Additional Income and SALT Refunds on Schedule 1

For 2024, IRS revises Schedule 1 guidelines for reporting additional income and SALT refunds with a $10,000 cap. Taxpayers must…

Trump’s Immigration Policies Threaten U.S. Climate Tech Innovation

Since 2017, US immigration restrictions have intensified, causing longer visa waits and increased deportations. Climate tech companies lose skilled workers…

Understanding Business Income, Losses, and Trade or Business Rules

IRS clarifies business income and loss rules for immigrants and entrepreneurs, highlighting four deduction limits and pass-through entity reporting. Excess…

Essential Dos and Don’ts for Maintaining Your F-1 Student Visa Status

F-1 students must attend SEVP-approved schools, obtain and maintain valid I-20 Forms, pay SEVIS fees, and stay enrolled full-time. Work…

Comparative Analysis of Rental Income Taxation: U.S. IRS vs India Income Tax Act

US and Indian rental income tax systems differ significantly. India uses a 30% flat deduction; the U.S. allows detailed expense…

Understanding Rental Income and Expense Reporting on Tax Returns

U.S. taxpayers must report rental income using Schedule E or C depending on services and personal use. Deductible expenses, loss…