Taxes

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Fiscal and Economic Impacts of Mass Deportation of Unauthorized Immigrants

The 2025 U.S. mass deportation policies include Operation Tidal Wave and increased funding, resulting in over 158,000 arrests. Economic losses,…

Understanding Capital Gains and Losses: Calculation and Tax Rates

Understanding capital gains and losses is crucial for taxpayers selling assets. Report sales using IRS forms, apply correct tax rates,…

Understanding Capital Assets and Tax Treatment of Gains and Losses

U.S. immigrants must report capital asset sales, including cryptocurrency gains, using IRS forms 8949 and 1040. Capital gains receive favorable…

Understanding Reporting and Tax Treatment of Gains and Losses

Immigrants selling property or securities in the U.S. must understand gain and loss reporting rules. Investors use Schedule D and…

Understanding Non-Business Bad Debt Deduction Requirements

Non business bad debts qualify for deductions only if totally worthless with proper proof of a legal loan and collection…

How to Calculate Gain or Loss on Sale of Property in 2025

Homeowners selling their main home can exclude up to $250,000 ($500,000 joint) in capital gains if they meet IRS ownership…

Understanding Depreciation: Types of Property and Cost Recovery Methods

Depreciation lets U.S. business owners and immigrants deduct costs of tangible property used for income over years. Capital expenditures require…

Understanding Like-Kind Exchanges of Real Property Under Section 1031

Section 1031 updates in 2025 expand property eligibility, add a $5 million gain deferral limit, and tighten IRS reporting with…