Taxes
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Understanding Qualified Health Savings Account Funding Distribution Rules
IRS rules for qualified HSA funding distributions in 2025-2026 raise limits and enforce a strict 12-month eligibility test. Transfers are…
Understanding Qualified Charitable Distributions and SECURE 2.0 Updates
Recent SECURE 2.0 changes lift annual IRA charitable gifting limits and add split-interest gift options. QCDs still require age 70½…
Comprehensive Guide to India-USA DTAA and Foreign Tax Credit (FTC)
India and US taxpayers with cross-border income must comply with updated 2024-2025 DTAA procedures, including electronic filing of Form 67…
2025 Capital Gains Tax Amendments in India and USA: Rates and Rules
India's 2025 capital gains tax updates include a higher 20% short-term equities rate and extended exemptions for sovereign funds. The…
Taxation and Basis Rules for IRAs, Pensions, and Annuities Explained
Know the rules for employer-sponsored retirement plans and IRAs, including eligibility for immigrants with valid SSN or ITIN. Use Forms…
Indian Students in US Face Deportation Risk and New Remittance Tax
New U.S. laws in 2025 raise deportation risk and impose a 1% remittance tax on Indian students. The OPT program…
Comprehensive Guide to U.S. Tax Filing for Indian F-1 Students
Indian F-1 students can claim major tax benefits under the U.S.–India Tax Treaty, including a $14,600 standard deduction and $5,000…
Can Indian F-1 Students Carry $100,000? Rules and Tax Implications
From April 2025, Indian F-1 students must comply with revised LRS rules: USD 250,000 limit, ₹10 lakh TCS threshold, mandatory…