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.
Top questions about Taxes
Answers from VisaVerge guidesWhat is the main U.S. federal filing deadline for India-to-U.S. movers in 2026 tax year?
April 15, 2027 is the main U.S. federal filing deadline for many India-to-U.S. movers reporting both Indian and U.S. income for tax year 2026.
Read: RNOR vs ROR in India: Navigating DTAA in Mid-Year MigrationHow does tax residency status affect H-1B visa holders for the 2025 tax year?
H-1B visa holders may be resident aliens, nonresident aliens, or dual-status filers based on their days of presence in the United States during 2025 and prior years, which impacts how they file taxes and what income is taxable.
Read: H-1B Visa Holders Face Substantial Presence Test in 2026. When Are They Resident Aliens?What are the implications of not updating tax residency for Indian citizens moving to Canada or the U.S. in 2025?
People who keep old statuses can be treated as full residents in two places at the same time, leading to dual taxation until they correct their records.
Read: Indian Tax Residency 2025: 182/60-Day Rules and Update ImplicationsHow does this affect U.S. immigration and tax filings for NRIs?
U.S. tax residents with India activity like property or frequent cash movements may need to report these assets under IRS rules, including FBAR and Form 8938 filings.
Read: Union Budget 2026-27 Sets 30% Tax Rate on Unexplained Income in Cash Credits and InvestmentsWhat should NRIs do to comply with tax residency rules for FY 2025-26?
NRIs must document their entry/exit dates to determine 182-day residency under Section 6 and report and pay tax on Indian-sourced income accordingly.
Read: NRI Tax Residency 2025-26: 120-Day Rule and Deemed ResidencyIndia Tightens PAN Rules for Financial Transactions, Blocking Property and Investments
New India tax rules for 2026 mandate PAN for property, insurance, and high-value deals to ensure compliance and prevent 20% TDS penalties.
Income-Tax Rules 2026 Link PAN to ₹5 Lakh Deposits, Trigger Specified Financial Transaction Reports
India's 2026 Income-tax Rules set annual cash deposit reporting thresholds at ₹10 lakh for PAN holders, prioritizing aggregate…
I Missed the April 15 Tax Deadline: What Happens Now?
Key Takeaways Failure-to-file costs 5% per month, ten times the 0.5% failure-to-pay rate, so filing the return today…
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,…
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…