Taxes
Latest in Taxes
What the New Senate Tax Bill Means for Indians Living in America
The Senate passed a tax bill imposing a 1% remittance tax on non-citizens, permanent family tax benefits, and new deduction…
Senate Advances Trump’s Tax Bill: What It Means for Immigrants
A Senate 51-49 vote advanced Trump’s tax and immigration bill, increasing enforcement and restricting benefits for immigrants. It overturns Biden…
U.S. Draft Law Lowers Remittance Tax to 1%, Exempts Bank Transfers
The Senate’s 1% remittance tax targets non-citizens sending cash, money order, or cashier’s check transfers after 12/31/2025. Bank and card…
Senate Lowers Asylum Fee to $100, Removes $1,000 Fee from GOP Tax Bill
The Senate reduced proposed asylum fees to $100, while House and Senate tax bills diverge on SALT deductions and child…
Understanding Form 1040 and 1040-SR Tax Filing Requirements
U.S. taxpayers use Form 1040 or 1040-SR (65+) to report income. Attach necessary schedules for additional income or credits. File…
Avelo Deportation Flights Spark Bill Targeting Jet Fuel Tax Exemptions
New York’s SAFE AIR Act targets jet fuel tax exemptions for airlines conducting deportation flights without due process compliance. Avelo…
Tax Return Filing Requirements for U.S. Citizens, Residents, and Dependents
IRS raised 2025 tax deductions and updated rules for visa holders. Nonresident aliens file Form 1040-NR. Income from online payments…
DGCA Launches Full Aviation Safety Audit Post Air India Crash
India’s DGCA responded to the June 2025 Air India crash with a comprehensive, risk-based aviation audit. Covering airlines, MROs, and…