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 to Introduce 5% Personal Income Tax for High Earners Starting 2028
Oman introduces a 5% personal income tax for high earners starting 2028, with the first electronic filings due…
Mark Carney Suspends 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…
Federal Courts Block IRS-ICE Data-Sharing Agreement Over Privacy Concerns
Federal courts have blocked a 2025 IRS-ICE agreement to share taxpayer data, citing privacy violations and risks to…
53 Million Use Trump Tax Exemptions on Tax Day, Treasury Reports
Treasury reports 53 million filers used 2025 tax law breaks in 2026, with average refunds rising to $3,462…
Tax Refunds Surge as Over 27 Million Claim New Deductions on Schedule 1-A
The 2026 tax season shows average refunds hitting $3,462 as taxpayers claim new deductions for overtime and senior…
Virginia Governor Ends Tax Exemptions for United Daughters of the Confederacy
Governor Spanberger signs HB 167, ending long-standing tax exemptions for Confederate-linked groups like the United Daughters of the…
U.S. Corporations Face 80% Taxable Income Limit on Nols, While Capital Losses Offset Only Gains
IRS rules in 2026 separate corporate capital losses from NOLs, restricting offsets and applying different carryforward limits to…
IRS Lists Occupations with Tip Tax Exemption Under One Big Beautiful Bill Act
IRS finalizes 'No Tax on Tips' rules for 71 jobs in 2026. Eligible workers can deduct $25k, but…
Connecticut Sees Bigger Tax Refunds Under One Big Beautiful Bill Act
Connecticut federal tax refunds average $3,521 in 2026, up 11% due to the One Big Beautiful Bill Act,…