Taxes
F1 Visa Taxes: Do International Students Pay State Taxes in the USA?
F1 visa students in the U.S. may be subject to state and local taxes. It is important for international students to understand their tax obligations.
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Lasted Taxes
NRIs usually not required to report foreign bank accounts in Indian tax returns
NRIs generally don’t need to report foreign bank accounts on Indian tax returns unless claiming a refund without an Indian…
ICE detained Mahmoud Khalil without a warrant, court records reveal
ICE’s warrantless detention of activist Mahmoud Khalil, later justified by “exigent circumstances,” has sparked legal scrutiny and national debate. The…
Moving costs from the US to Switzerland are higher than you think
Moving from the US to Switzerland requires an upfront budget of $12,000–$20,000 and monthly expenses from $3,350 per person. Prepare…
Federal judge orders Trump administration to return migrants to El Salvador
A federal judge ruled that the Trump administration must actively facilitate the return of wrongly deported unaccompanied minors from El…
RRSP and Superannuation transfers to the USA face strict rules
Moving Canadian RRSP or Australian Superannuation funds to the USA involves withdrawals, dual taxation, and strict reporting. Direct transfers to…
Tax Implications to Know When Moving Foreign Assets to the US
Transferring your own foreign assets to the US is not taxed, but reporting rules like FBAR, FATCA, and Form 3520…
IRS requires banks to report international transfers over $10,000
For U.S. persons, banks report international transfers exceeding $10,000. Individuals must file FBAR (FinCEN 114) if foreign accounts cross $10,000…
Mark Carney denies urging young Canadians to use offshore tax havens
Satirical rumors about Mark Carney urging offshore accounts for young Canadians are unfounded. However, Brookfield’s legal tax strategies have fueled…