Could Remittance Excise Tax Drive H‑1B Families to Use Crypto or Informal Methods?
OBBB’s 1% remittance tax targets money transfers abroad starting 2026, impacting H-1B families who might face higher costs…
Impact of New Remittance Excise Tax on H‑1B Families Sending Money Home
Starting January 2026, a 1% federal tax applies on cash remittances sent abroad, impacting H-1B families. The tax…
Does the 1% Remittance Tax Affect Cash and Electronic Transfers for H-1B Holders?
Starting December 31, 2025, H-1B visa holders sending money abroad via cash, money orders, or informal methods face…
Can H-1B Spouses Filing Jointly Claim Student Loan Interest Deductions Post-OBB Act?
H-1B visa holders maintain eligibility to deduct $2,500 in student loan interest when filing jointly. The One Big…
Transitioning from H1B to B1/B2 Terminates Status and Requires New Petition
Switching from H1B to B1/B2 terminates work status and requires a new H1B petition. Without a prior H1B…
Understanding Concurrent H-1B Employment: Working for Multiple Employers
Concurrent H-1B employment permits foreign workers to work for multiple employers legally, requiring separate petitions and LCAs. The…
H-4 and H4 EAD Filing Strategies and 2025 Policy Updates
H-4 EAD applications now process independently, with delays often four to six months or longer and no premium…
Italy Updates Work Visa Rules with Digital Processing and Biometric Data
The 2025 reforms transform Italy’s work visa system by digitizing applications, enforcing timely employer confirmations, and adding quota-exempt…
Will Excise Tax on Remittances in OBBB Deter H‑1B Holders From Sponsoring Family?
The proposed excise tax on remittances would add costs for H-1B holders sending funds abroad. Senate exemptions might…
2025 Tax Bill Offers Breaks for Tips and Overtime, Leaves SSN Rules Unclear
The 2025 One Big Beautiful Bill Act offers tax breaks on Social Security, tips, and overtime pay while…
Could Deficit Boost from One Big Beautiful Bill Raise Mortgage and Auto Loan Rates for H‑1B Visa Holders?
The One Big Beautiful Bill Act will increase the U.S. deficit and likely raise mortgage and auto loan…
Do Remittance Taxes Under OBBB Act Differ for H-1B Joint vs Separate Filers?
Effective after 2025, the OBBB Act introduces a 1% remittance tax on money sent abroad from U.S. banks…
New IRS Reporting Rules for H-1B Holders Under One Big Beautiful Bill
Starting July 2025, the One Big Beautiful Bill Act may require H-1B holders to pay a 3.5% tax…
Do H‑1B Spouses Filing Jointly Qualify for Education Credits in 2025?
Spouses of H-1B visa holders filing jointly can claim American Opportunity and Lifetime Learning credits if they meet…