Taxes
Latest in Taxes
2025-26 Tax Reform: What Students, Workers, Immigrants Must Know
The 2025 One Big Beautiful Bill Act raises standard deductions, renames and reworks GILTI and FDII with permanent deductions, and…
USA HIRE Act: Assessing Its Impact on India’s IT Exports and Jobs
The USA HIRE Act would impose a 25% tax on payments to foreign service workers and remove deductions, threatening India’s…
Thanksgiving Break in US Universities for International Students
For Thanksgiving 2025 (Nov 27), international students should verify travel signatures on I-20/DS-2019, book travel early, carry key immigration documents,…
Year-End Tax Deductions for International Workers and Students
Before December 31, 2025, confirm tax residency to know whether to file Form 1040 or 1040-NR. Update withholding, max 401(k)…
Global Shopping for Thanksgiving: Tariffs, Duties, and Hidden Costs
Tariffs embedded in import costs are raising prices on Black Friday items. The U.S. $800 de minimis rule limits duties…
What Immigrants Should Know About Black Friday Taxes in 2025
The Nov. 28–Dec. 1 holiday shopping period brings immigrants face-to-face with U.S. sales tax—commonly 6%–10%. Refunds are rare; online sales…
How Holiday Gifts and Cross-Border Transfers Shape U.S. Tax Filing
In 2025, foreign gifts often trigger reporting: givers file Form 709 for gifts above $18,000; recipients file Form 3520 for…
ICE Sought Records on 1.3 Million Taxpayers, Filing Shows
ICE sought IRS records for about 1.28 million people; the IRS matched about 47,000. Plaintiffs argue the exchange violates privacy…