Taxes
Latest in Taxes
Overview of 529 Qualified Tuition Programs and Tax Treatment
529 plans (QTPs) provide tax-free growth and tax-free distributions for qualified education expenses; K–12 tuition cap is $10,000 per student…
Retiree in south denied French citizenship over majority foreign income
France implements Stricter Naturalization Rules Effective January 1, 2026, increasing B2 language requirement, adding a civic exam, and prioritizing French-sourced…
Singapore PR for Indians: Official SGD120 Fee, Online e-PR Process
As of August 2025, Singapore PR costs SGD 120 and must be filed online via ICA’s e-PR with SingPass. Processing…
Tax Rules for Scholarships, Fellowships, and Education Benefits Explained
You can exclude qualified scholarships, bond interest, and Coverdell ESA distributions when used for tuition and required fees. Room and…
Guide to Employer-Provided Fringe Benefits: What Is Excludable from Income
Fringe benefits can be excluded or taxable based on specific IRS rules. Key exclusions: employer health plans, Archer MSAs (Box…
Tax Exclusion Rules for Service-Connected Military and Government Pensions
Learn when military and government disability pensions are tax-free federally, who qualifies, and required proof. Key points: 1975 protections, service-connected…
Depreciation Recapture Reduces Section 121 Exclusion on Home Sale
In 2025, Section 121 permits exclusion of up to $250,000 ($500,000 married) if you owned and lived in the property…
Section 121 Home Sale Exclusion: Ownership, Use, and Limits Explained
Section 121 lets sellers exclude up to $250,000 (single) or $500,000 (joint) of gain on a main home if they…