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.
Publicly Traded Partnerships: Qualified Income Rules and 2025 Updates
2025 rules expand PTP qualifying income to include select low-carbon sectors for post-2025 tax years and impose TD 10028 disclosure duties on related-party basis shifts with a six-year lookback, July…
QBI Deduction 199A: Permanent, 23% Rate Beginning 2026
OBBBA (2025) permanently extends Section 199A, raising the QBI deduction from 20% to 23% for 2026 onward, adds…
REITs and Section 199A Qualified Dividends: Tax Implications
The 20% Section 199A deduction applies to qualified REIT dividends through 2025 but requires holding shares more than…
Understanding QBI Deduction: Eligibility, SSTBs, and 2025 Thresholds
QBI remains permanent for 2025: eligible pass-through owners can deduct up to 20% of qualified business income. 2025…
Understanding Qualified Business Loss Carryovers Under Section 199A
Section 199A remains permanent; qualified business losses carry forward to reduce future QBI. OBBBA raises the deduction to…
Understanding the Qualified REIT/PTP Component and Its 20% Deduction
Through 2025, taxpayers may claim a 20% Section 199A deduction on qualified REIT dividends and qualified PTP income…
Safe Harbor for Rental Real Estate: Key QBI 199A Requirements
For 2025 filings the IRS reaffirmed Revenue Procedure 2019-38: to claim the Section 199A QBI safe harbor landlords…
IRS Section 199A Safe Harbor: Key Rental Real Estate Exclusions
The IRS reaffirmed that as of September 7, 2025, properties with excess personal use, triple net leases, rentals…
Understanding Qualified Trade or Business Under Section 199A and SSTBs
Section 199A allows a QBI deduction for pass-through and qualifying rental income if the activity is a Section…
QBI and 199A: Why Certain Employee Services Never Qualify
Employee services are excluded from QBI under Section 199A; wages cannot generate the 20% deduction. A three-year presumption…