Taxes

Latest in Taxes

U.S. Tax Residency: Resident vs Nonresident Aliens Explained

IRS residency rules use the Green Card Test and Substantial Presence Test to classify taxpayers. Exemptions exist for F‑1/J‑1 students.…

Filing U.S. Taxes for NRIs and International Students: A Guide

International students (F-1, J-1, M-1) must file Form 8843 annually; those with U.S. income file Form 1040-NR. State returns may…

H-1B Payroll and Tax Deductions: Real-World Case Studies Explained

H-1B hires often see lower take-home pay because mandatory federal, state, FICA taxes, and benefit elections reduce gross salaries. Employers…

F-1 FICA Tax Refund: Exemption Rules and How to Claim

F-1 students are generally exempt from FICA during their first five calendar years as nonresident aliens. If payroll withholds Social…

SSN vs ITIN for Non-Residents: Who Qualifies and Why It Matters

Choose SSN if authorized to work; choose ITIN if you must file U.S. taxes but aren’t SSN-eligible. SSN processing is…

Understanding the SSA, SSN, and Employee Benefits in the U.S.

The SSA issues SSNs that link wages to retirement, disability, and survivor benefits and support immigration checks. F-1 students need…

Applying for an SSN as an F-1 Student or H-1B Worker

F-1 students (with CPT/OPT or on-campus jobs) and H-1B employees must apply in person with Form SS-5 and original documents.…

Government urged to boost tax coffers with UK Investor Visa proposal

FIFB urged ministers to adopt a new Investor Visa with a £200,000 annual fee and £2.5m ten-year investment, estimating £225bn…