Taxes

Latest in Taxes

Remittances to Central America Rise 20% Amid U.S. Deportation Fears

In 2025, remittances to Central America surged due to deportation fears and a possible U.S. tax. This increase supports families…

Immigration Uncertainty Undermines Nebraska’s Families and Economy

ICE’s biggest Omaha raid since 2018 and shifting policies create uncertainty for 140,000 Nebraska immigrants, including 2,300 TPS holders. Deportations…

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…

Trump Immigration Crackdown Expands Role of IRS and HHS Agencies

Project 2025 launches a sharp immigration crackdown, expanding courts and detention, ending birthright citizenship for certain cases, suspending asylum rights,…

Comprehensive Guide to U.S. Immigration Statuses and Visa Classifications

USCIS updates effective July 23, 2025, reduce naturalization and Green Card processing times and require travel reporting. OPT rules for…