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.
Arizona’s Retirement Tax Benefits Include Social Security Exemption Under One Big Beautiful Bill Act
Arizona retirees gain new $6,000 tax deductions in 2026. Social Security remains state-exempt, offering significant relief for seniors and immigrant residents.
Pennsylvania Pension Exemption Lets Immigrants Keep Social Security Tax-Free After 59.5
Pennsylvania exempts Social Security and pensions from state tax for 2026 residents, though foreign pensions and early withdrawals…
Illinois Plans 4.95% Flat Tax on Retirement Income in 2026, Ending Exemptions
Illinois exempts retirement income from state tax in 2026. Residents must use Form IL-1040 and Schedule M to…
IRS Reports Average 2026 Tax Refund Up $350 as Millions Choose Direct Deposit
Average 2026 tax refunds increased 11.1% to $3,521, driven by expanded deductions and child credits under the One…
90% Loss Deduction Ends as IRS Tightens Tax Rules on 2026 World Cup Betting
New 2026 IRS rules cap gambling loss deductions at 90% of winnings, potentially creating taxable income for World…
China Targets Offshore Investors as Tax Revenue Grows 11.5% Under CRS Data Exchanges
China leverages CRS data and AI to boost tax revenue by 11.5%, targeting undeclared offshore assets and global…
Arkansas Gov. Sarah Sanders Calls Special Session to Cut State Income Tax Rates
Arkansas Governor Sanders proposes a 0.2% income tax cut for 2026, contingent on budget terms avoiding new Medicaid…
One Big, Beautiful Bill Act Expands New York State Tax Exemptions for Social Security Benefits
Essential 2026 tax deadlines, New York pension exemptions, and federal updates for immigrants and retirees, highlighting the link…
O-1 Visa Holders with Extraordinary Ability File Form I-129 for Tax Status Updates
O-1 workers face new 2026 rules: mandatory Form I-129 updates, $2,965 premium fees, and strict tax residency compliance…
Supreme Court Upholds Madras HC, Rules Reinsurance Premiums to Foreign Firms Not Taxable
India's Supreme Court rules that offshore reinsurance premiums are not taxable if the foreign reinsurer has no permanent…