2027 Social Security Wage Base Is $192,300: Max Tax for H-1B Earners
The 2027 Social Security wage base is $192,300, so the most an employee pays in 6.2% Social Security…
DOJ Fraud Division and IRS Criminal Investigation Expose $490M in Tax Fraud During National Tax Enforcement Surge
Federal authorities said a nationwide tax-fraud campaign involved 76 defendants and more than $490 million in estimated intended…
Imran Khan Ordered to Leave India by October 28 After Mumbai Anti-CEC Protest, FRRO Cites Immigration and Foreigners Act, 2025
Actor Imran Khan, a U.S. citizen and OCI cardholder, received an Indian departure notice requiring him to leave…
IRS Offers Up to $5,100 via Additional Child Tax Credit, Form 1040, Schedule 8812
The $5,100 figure is the maximum refundable Additional Child Tax Credit for three qualifying children in tax year…
Chrisley Couple Faces $1.5M Tax Debt After Trump Prison Pardon Despite Federal Tax Lien
The IRS filed a $1,571,452 lien against Todd and Julie Chrisley for unpaid federal tax assessments covering 2021…
Wisconsin $2.7 Billion Tax Cut Could Save a Waiter $716 Per Year
Forward Analytics estimates Wisconsin would forgo $2.7 billion over ten years if it exempted tips and overtime from…
IRS Proposes Blocking Immigrants from Claiming Health Insurance Tax Credit
A proposed Treasury and IRS rule would narrow Premium Tax Credit eligibility starting with tax years beginning in…
Treasury Department Delays IRS Data on Overtime Wages and Tipped Income Under One Big Beautiful Bill Act
The IRS has delayed two planned releases of data on the 2025 tax law, saying it is waiting…
India–mauritius Tax Treaty Protocol Notified: Principal Purpose Test Effective from 10 August 2026
A protocol to the India–Mauritius Tax Treaty introduced a Principal Purpose Test effective August 10, 2026. Authorities may…
IRS Delays EITC and ACTC Refunds Under PATH Act Until Late February 2024
The IRS must hold the full refund until at least February 15 if a return claims the Earned…
Illinois EITC and Child Tax Credit Saved Families $600M, Gov. JB Pritzker Reports
Gov. JB Pritzker and the Illinois Department of Revenue said October 13, 2026, that the Illinois EITC and…
ALEC Policy Champions Reduce Utah Income Taxes for Sixth Straight Year Under House Bill 106
Utah’s individual income-tax rate is 4.45 percent following two successive legislative cuts. Senate Bill 60 made the latest…
Sitharaman Says Government Will Hear Long-Term Capital Gains Tax Proposals Ahead of Union Budget
Sitharaman said the government would consider investor views on long-term capital gains tax during Union Budget consultations, but…
Feds Offer Education Freedom Tax Credit as Governor Wes Moore Weighs Maryland Scholarship-Granting Organization Rules
Maryland is reviewing whether to join the federal Education Freedom Tax Credit before the December 31, 2026, opt-in…