VITA Sites and IRS Free File Offer 2026 Tax Help for Immigrants with Itins
The April 15, 2026 tax deadline applies to most immigrants. Free filing help via VITA and IRS Free…
IRS Rules Still Put Repairs in Current Deduction, Improvements Under Depreciation
Learn how to distinguish repairs from improvements for 2026 tax filings. Understand IRS safe harbors and capitalization rules…
IRS Confirms 100% Bonus Depreciation for Property Acquired After Jan. 19, 2025
IRS restores 100% Bonus Depreciation for 2026. Learn how Section 179 and 168(k) sequence to maximize first-year write-offs…
Immigrants Can Use Form 4868 for an Automatic 6-Month Tax Extension
Get a 2026 tax filing extension by April 15. Form 4868 extends the filing deadline to Oct 15,…
7 Costly Tax Errors for Non-Residents and 1040NR Filers with Green Cards in 2026
New 2026 tax-immigration rules tie IRS filings to Green Card status and naturalization. Missteps in foreign income reporting…
Let’s Go Washington Challenges Income Tax Necessity Clause in State Supreme Court
Opponents launch a dual legal and political battle to repeal Washington’s new $1 million household income tax, citing…
SEBI Proposes Bringing Back Open Market Buybacks After Resolving Section 115QA Tax Inequity
SEBI proposes reviving open market buybacks through exchanges in 2026, citing new tax alignments that ensure equitable treatment…
Hundreds of Thousands Face Tax Refund Delays as IRS Staffing Shortfalls Hit April 15
IRS staffing shortages are slowing 2026 tax return processing and refund delivery. TIGTA says the agency has lost…
CBDT Issues Notification No. 56/2026 for India-Japan Tax Recovery Pact Mou
India and Japan formalize a reciprocal tax recovery pact via Notification No. 56/2026, allowing mutual assistance for collecting…
IRS Uses Substantial Presence Test to Determine Tax Residency with Homeland Security Data
Learn how the 2026 Substantial Presence Test determines U.S. tax residency through a 3-year weighted formula and impacts…
$2.56 Million Section 179 Deduction Tops 2026 Equipment Tax Rules in IRS Pub 946
Maximize 2026 tax savings with Section 179 and Bonus Depreciation. Learn the $2.56M limits and 100% deduction rules…
California Exempts Social Security from State Tax, Tightens Foreign Asset Rules
Guide for California immigrants on 2026 tax rules, including federal senior deductions, state Social Security exemptions, and foreign…
FICA Exemption for OPT and CPT Workers: How to Claim a Refund on Tax Filing
F-1 students must file 2026 taxes by April 15, 2027. Ensure FICA tax exemptions are applied and FBAR…
Indian Students and Researchers Can Claim Standard Deduction Under U.S.-India Tax Treaty Article 21
Essential guide for Indian students and researchers on claiming 2026 U.S. tax treaty benefits, including standard deductions and…