Taxes
Tax filing requirements for immigrants, visa holders, expats, and NRIs. Covers 2026 brackets, treaty benefits, FBAR and FATCA compliance, ITIN applications, and state tax obligations for non-residents.
New York City Targets Luxury Second Homes with $500 Million Annual Pied-À-Terre Tax
Governor Hochul proposes a NYC pied-à-terre tax on second homes over $5M to raise $500M annually and help close the city's $5.4B budget deficit in 2026.
$10 Trillion Abroad: How Sovereign Funds and Pension Funds Outpace Forex Reserves
Explore how sovereign wealth and pension funds allow nations to invest globally beyond traditional forex reserves to secure…
Preserving U.S. Social Security for H-1B Workers Returning to India
If H-1B workers earn 40 Social Security credits (about ten years), they can receive U.S. retirement benefits in…
IRS Grants Hawaii Taxpayers Extensions Under July 8, 2026, Disaster Relief Act
IRS and Hawaii extend 2026 tax deadlines to July for storm victims. Federal relief ends July 8; state…
Oman Considers Personal Income Tax with Flat 5% Rate as Fiscal Signalling
Oman introduces a 5% personal income tax for high earners starting 2028, with the first electronic filings due…
Mark Carney Urges Ottawa to Cut Federal Excise Tax as Airlines Hit Fuel Crunch
Canada suspends federal fuel taxes until Labour Day 2026 to lower gasoline prices by 10 cents per litre…
IRS Says Marijuana Budtenders Could Get Tip Tax Break—but Only After Federal Legalization
New federal tax rules allow $25k in tip deductions, but marijuana budtenders face uncertainty due to the ongoing…
Washington Residents Pay Federal Taxes on Tax Day 2026 as State Income Tax Faces Court
Washington's new 9.9% tax on income over $1M faces a constitutional lawsuit and a 2026 repeal referendum as…
1% Excise Tax Hits Remittance Transfers Under Proposed REG-114499-25 Rules
The IRS issued proposed rules for the 2026 1% remittance tax on cash-funded transfers, targeting physical payments while…
IRS Shares Tax Data with ICE Under Memorandum of Understanding, Undocumented Filings Drop
Federal courts have blocked a 2025 IRS-ICE agreement to share taxpayer data, citing privacy violations and risks to…