Federal Court Invalidates IRS Notice 2025-42 Rules Limiting 5% Safe Harbor for 1.5 MW Projects
A federal court vacated IRS Notice 2025-42, restoring the 5% safe harbor and physical-work pathways for wind and…
Finance Ministry Sets 15% Capital Gains Tax on Digital Assets Above €500 Exemption
Greece proposes a 15% crypto capital gains tax with a €500 exemption. The measure awaits parliamentary approval and…
IRS Restructures Security Summit to Strengthen Defenses Against Tax Fraud
IRS restructures Security Summit into five units to fight fraud as TIGTA reports thousands of improper taxpayer data…
New Castle County Lawmakers Back House Bill 461 to Extend Split Property Tax Rates
Delaware lawmakers advance bills to extend split school tax rates in New Castle County and set new statewide…
Payrolls Split OPT and H-1B Wages to Apply FICA Exemptions Correctly
Learn how to manage FICA tax exemptions when switching from OPT to H-1B status in 2026 to avoid…
F-1 Students Face Tax Residency After Five-Year Rule Exhausts Form 8843 Exemptions
F-1 students must track the five-year rule for tax residency to avoid filing errors and ensure they report…
IATA Warns Airlines Face Insolvency as Willie Walsh Cites Jet Fuel Price Surge
IATA warns global airline profits will drop to $23B in 2026 as jet fuel prices surge 70%, threatening…
No Income Tax Up to ₹12 Lakh Is a Rebate, Not Exemption. Nris Must Watch
India's ₹12 lakh tax relief is a rebate, not an exemption. Residents qualify, but NRIs and investors with…
Tax Law Eyes Beneficial Owner as Only One Claims Capital Gains Exemption on Joint Property
Indian tax rules require proof of real ownership and reinvestment for spouses to claim separate capital gains exemptions…
Income-Tax Act, 2025 Redefines Charitable Trusts as Registered Non-Profit Organisations
India's 2026 tax framework consolidates non-profit rules into the RNPO category, requiring new registrations under Section 332 and…
Social Security Benefits for Foreign-Born Residents
Key Takeaways Foreign-born workers need 40 credits for Social Security retirement, with one credit costing $1,890 in 2026…
Maximizing 199A Benefits Through Strategic Property Investments
Key Takeaways Section 199A lets real estate investors deduct 20% of qualified rental income, now permanent after the…
Income-Tax Act Tightens Loss Carry-Forwards Under Section 79 and New Section 119
India's 2025 Income-tax Act mandates 51% voting power continuity for loss carry-forwards, with key reliefs for startups, family…
U.S. Taxes for Retirees with Foreign Income: FEIE, Pensions and Totalization
Key Takeaways The FEIE for 2026 is $132,900 per person, but it applies only to earned income from…