Taxes

Latest in Taxes

California 2025 Taxes for Immigrants: AB 1219 and Withholding Guidance

For 2025, California keeps nine brackets (1%–12.3%) plus a 1% surtax over $1 million, yielding a 13.3% top rate. Use…

Why Wealthy Individuals and Businesses Choose U.S. Tax Haven States

Nine U.S. Tax Haven States offer zero income tax for high-net-worth individuals and businesses. Tennessee ended all income taxes in…

Arkansas 2025 State Income Tax Guide for Residents and Immigrants

For 2025, Arkansas retains progressive income tax (0%–3.9%) and a one-time inflationary relief credit. Residency depends on domicile. Single filers…

Trump Threatens 30% Tariffs on Mexico and EU Imports Starting July 1

The U.S. will enforce a 30% tariff on Mexican and EU imports starting August 1, 2025. This raises costs for…

Trump Announces 30% Tariffs on Mexico and EU Imports

The US will start 30% tariffs on Mexican and EU imports August 1, 2025. Businesses must prepare for higher costs…

Understanding Taxable Interest Income and Reporting Requirements

IRS requires reporting all interest income, including under $10 amounts without Form 1099-INT. Nominee interest must be separately reported using…

H-1B Visa Holder Warns Against Buying Homes Amid Job Instability

H-1B Visa holders confront homeownership risks in 2025 due to job instability and visa ties. High mortgage costs and uncertain…

USA Social Security Retirement Age Increases to 66 Years 10 Months in 2025

The Full Retirement Age rises to 66 years 10 months for 1959 births in July 2025 and 67 for 1960…