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.
Federal Tax Break Cuts Fuel Excise Tax as Gas Prices Relief Act Takes Effect
Claims of a U.S. federal gas tax break on April 20, 2026, are false. Canada suspended its tax, but U.S. federal taxes remain in place as legislation stalls.
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…
How to Check Your IRS Refund Status in 2026: Full Guide
Primary Tool Where’s My Refund? E-file Timeline Up to 21 Days Paper Return Timeline 6-8 Weeks Hotline 800-829-1954…
Capex Builds Future Assets. Opex Runs Daily Operations. Revenue Expenditure Bridges Both
A guide to understanding CapEx, OpEx, and Revenue Expenditure, highlighting their impact on financial statements, taxes, and business…
QRMP Filers Face GSTR-3B Interest Recalculation as Electronic Cash Ledger Balances Offset
GST portal updates GSTR-3B interest logic for 2026, allowing credit for cash ledger balances. QRMP filers must verify…
IAS 12 Requires Firms to Recognize Deferred Tax on Temporary Differences
Learn how deferred tax and IAS 12 bridge the gap between accounting and taxable profits to reflect future…
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…
Buyers Hit ₹50 Lakh in Purchases Face Tax Deducted at Source Checks in Financial Year 2026–27
A guide to FY 2026-27 tax compliance, covering TDS, GST filing choices, e-invoicing, LUT filings, and IEC updates…
U.S. C Corporation Claims Dividends Received Deduction on Form 1120. but Rules Still Apply
U.S. corporations can claim the dividends received deduction in 2026, using 50%, 65%, or 100% rates to reduce…
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…