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Could Remittance Excise Tax Drive H‑1B Families to Use Crypto or Informal Methods?
OBBB’s 1% remittance tax targets money transfers abroad starting 2026, impacting H-1B families who might face higher costs and shift…
Impact of New Remittance Excise Tax on H‑1B Families Sending Money Home
Starting January 2026, a 1% federal tax applies on cash remittances sent abroad, impacting H-1B families. The tax excludes electronic…
Does the 1% Remittance Tax Affect Cash and Electronic Transfers for H-1B Holders?
Starting December 31, 2025, H-1B visa holders sending money abroad via cash, money orders, or informal methods face a 1%…
Can H-1B Spouses Filing Jointly Claim Student Loan Interest Deductions Post-OBB Act?
H-1B visa holders maintain eligibility to deduct $2,500 in student loan interest when filing jointly. The One Big Beautiful Bill…
Missouri Minimum Wage 2025: Detailed Breakdown and Updates
Missouri raised the minimum wage to $13.75/hour in 2025, with tipped workers receiving $6.875 plus tips. Proposition A introduced paid…
Alabama Minimum Wage in 2025: Detailed Breakdown and Rates
Alabama’s 2025 minimum wage is $7.25 per hour, unchanged since 2009, with no state law. Tipped workers earn $2.13 plus…
Utah Minimum Wage 2025: Complete Breakdown of Rates and Rules
The 2025 minimum wage in Utah is $7.25 per hour, with specific lower rates for tipped workers, minors, and students.…
Washington State Minimum Wage 2025: Complete Detailed Breakdown
In 2025, Washington’s minimum wage is $16.66, adjusted by CPI-W inflation. Seattle and King County have higher local rates. Youth…