Section 316 of the Tax Code Guides Earnings and Profits in Dividend Taxation
Section 316 rules for 2026 dictate that E&P, not bookkeeping labels, determines if corporate payouts are taxable dividends…
85-Year-Old French Widow Detained in U.S. Immigration Custody After Visa Waiver Overstay
85-year-old French widow Marie-Thérèse Ross-Mahé deported in 2026 after 16-day ICE detention following an Alabama estate dispute and…
OMARA Cancels Migration Agent’s Registration for 5 Years Over False Visa Claims
Sydney migration agent Vaneet Kaur Chadha banned for 5 years by OMARA over false statements and misleading ads…
C Corporations Face a New 1% Floor on Charitable Deductions Under Section 170(b)(2)(A)
New 2026 rules for C corporations introduce a 1% floor and 10% ceiling on charitable deductions, impacting how…
U.S. Customs and Border Protection Warns: ESTA Approval Doesn’t Guarantee Entry at U.S. Ports
CBP warns that visas don't guarantee U.S. entry. Travelers face strict 2026 screening, biometrics, and potential device searches…
India Requires Form 156 or 157 Under Income-Tax Act, 2025 for Foreign Travel from April 1, 2026
India's new travel rules from April 1, 2026, require Forms 156 or 157 for residents going abroad, depending…
U.S. Corporations Face 80% Taxable Income Limit on Nols, While Capital Losses Offset Only Gains
IRS rules in 2026 separate corporate capital losses from NOLs, restricting offsets and applying different carryforward limits to…
Ministry of Home Affairs: OCI Fees Remain Unchanged in 2026
OCI application fees remain unchanged in April 2026. New registrations cost $275 plus fees, while online passport updates…
Why Nris Need a Certificate of Bachelorhood, Single Status Certificate, and CENOMAR
Learn how Indian nationals can obtain a Certificate of Bachelorhood in 2026 for U.S. immigration and foreign marriage…
DHS Faces Wrongful Deportation Claim After Detaining U.S. Citizen Without Proof
DHS faces scrutiny after allegations of a U.S. citizen's wrongful deportation, highlighting the critical need for immediate access…
Resident Aliens and FBAR Filing: April 15 Deadline for Foreign Account Reporting
The 2026 FBAR deadline is April 15. Resident aliens with foreign accounts over $10,000 must file FinCEN Form…
Immigrants Face Penalties for FBAR and FATCA Noncompliance Even with Good Moral Character
USCIS now links tax compliance, specifically FBAR and FATCA reporting, to good moral character reviews for naturalization and…
New Green Card Holder Tax Checklist 2026 Includes One Big Beautiful Bill Act Rules
New 2026 green card holders must report worldwide income and may require dual-status filing. Compliance is vital for…
DACA Recipients Navigate 2026 Tax Credits as IRS-DHS Data-Sharing Agreement Looms
New 2026 tax rules tighten SSN requirements for credits, impacting DACA and ITIN filers, while courts block an…