Colorado Amendment 87 Results: Graduated Income Tax and Proposition 136
Amendment 87 led in initial election-night results, but the tally is unofficial and the final outcome remains unresolved. If approved, it would introduce...
Top questions about Tariffs
Answers from VisaVerge guidesWhat Immigrants Should Know About Black Friday Taxes in 2025
The Nov. 28–Dec. 1 holiday shopping period brings immigrants face-to-face with U.S. sales tax—commonly 6%–10%. Refunds are rare; online sales are taxed by delivery address. Save receipts for business deductions and verify local rates and return rules before major purchases.
Read: What Immigrants Should Know About Black Friday Taxes in 2025Where Indian-Origin U.S. Residents Invest Abroad in 2025: Tax and Trends
U.S. tax residents of Indian origin must report all global income, including rental earnings and capital gains from abroad. Failure to disclose foreign bank accounts (FBAR) or investments in foreign mutual funds (PFIC) can lead to significant penalties. This article outlines the specific forms and deadlines required for 2026 tax filings regarding assets in India, Dubai, and beyond.
Read: Where Indian-Origin U.S. Residents Invest Abroad in 2025: Tax and TrendsWhat is the first tax question L-1 Visa holders need to determine for 2026?
L-1 Visa holders need to determine whether they are a U.S. tax resident or a nonresident for 2026.
Read: Tax Filing Guide for L-1 Visa Holders in 2026: Residency and FormsWhich groups of people are most affected by the new Draft Income Tax Rule, 2026?
NRIs living in the U.S. with Indian income, assets, or filing requirements, as well as Indian professionals on H-1B, L-1, O-1, or F-1 OPT who still hold Indian investments or property.
Read: CBDT Unveils Draft Income Tax Rule, 2026 with Significant Updates to Income-Tax Act, 2025How do India, Canada, and the U.S. plan to enforce tax residency rules in 2025?
India, Canada, and the U.S. will tighten cross-border tax enforcement coordination in 2025, increasing automated notices for those who fail to file departure/exit returns.
Read: Indian Tax Residency 2025: 182/60-Day Rules and Update Implications
Spain’s Minimum Wage Rise to Be Exempt from Income Tax, Says Social Security Minister
Spain is preparing a tax deduction intended to let full-time minimum-wage workers keep the income-tax portion of the…
India Issues Notification No. 03/2026–Central Tax on Sections 153 to 155 and Finance Act, 2026
New GST provisions take effect in India on November 1, 2026. Suppliers may account for post-supply discounts through…
Bloomberg Tax Projects Higher 2027 Tax Brackets, 401(k) Limits With Inflation Adjustment
Projections point to higher 2027 tax brackets, standard deductions, and workplace retirement-plan limits, while federal income-tax rates remain…
Record Number of State Income Tax Measures Head to Midterms
At a glanceReviewed October 24, 2026 California Proposition 41 or 42 could invalidate Proposition 40 if either wins…
Crypto Tax on Unrealized Gain: What Form 1040 Filers Must Know
An increase in cryptocurrency’s value generally is not taxable while the asset remains unsold. Disposals such as sales,…
Wind Turbines Labeled a National Security Threat Under Section 232 Import Probe
Trump designated imported wind turbines and components a national security threat under Section 232, without imposing new duties.…
S. 5215 Cleaner Transportation Access Act Heads to Finance Committee
S. 5215 proposes restoring and extending certain clean-transportation incentives through 2031. It would cover eligible used and new…
IRS Advisory Council’s 2025 Annual Report Urges Administrative Improvements as Frank J. Bisignano Weighs in
The IRS Advisory Council’s 2025 report presents recommendations on 29 tax-administration issues, not new tax rules. It urges…
National Assembly Backs Amendment I-3898 in 38-37 Vote to Tax Crypto Swaps at 31.4%
At a glanceReviewed October 21, 2026 Twenty-five deputies abstained, while 477 of the chamber’s 577 members were absent.…