U.S. Crypto Tax Rules to Impact Indian-Origin Residents from 2026
Beginning in 2026, U.S. digital asset brokers must report transactions on Form 1099-DA. This affects Indian-origin residents using…
Tax-Saving Strategies for NRIs in Australia and Canada Investing in India
NRIs in Australia and Canada are taxed based on residency, whereas U.S. NRIs face global taxation based on…
Tax-Efficient Investing for NRIs in the U.S.: Practical Tips
Navigating U.S.-India cross-border investments requires prioritizing U.S. tax residency rules. Investors should avoid Indian mutual funds to bypass…
Dual-Status Tax Return Guide 2026: Filing Rules and Steps
Dual-status taxpayers must file a two-part paper return because e-filing is unavailable. The filing combines Forms 1040 and…
Tax Filing Guide for L-1 Visa Holders in 2026: Residency and Forms
L-1 visa holders must use the Substantial Presence Test to define their 2026 tax residency. This status dictates…
Where Indian-Origin U.S. Residents Invest Abroad in 2025: Tax and Trends
U.S. tax residents of Indian origin must report all global income, including rental earnings and capital gains from…
IRS Announces 2026 Standard Mileage Rates: Business at 72.5¢
The IRS updated 2026 mileage rates, increasing the business rate to 72.5 cents per mile. Medical and moving…
Hawaii 2026 State Income Tax Rates and Brackets: What Changes?
Hawaii’s 2026 income tax rules remain steady with a 1.4% to 11% rate range. This consistency helps new…
Treasury and IRS Propose Higher TPSO Backup Withholding Thresholds
The IRS proposed new rules for payment platforms regarding backup withholding. Starting for tax years after 2024, withholding…
Get Ready for 2026 Tax Season: Set Up IRS Online, Gather Records
Taxpayers must file 2025 returns by April 15, 2026. Preparation involves using IRS Online Accounts, gathering W-2/1099 forms,…
Prepare for 2026 Tax Season: Key Updates and Tips
A comprehensive guide for immigrants filing 2026 U.S. taxes. It covers residency tests (1040 vs. 1040-NR), the push…
IRS Guidance on Car Loan Interest Deduction Under One, Big, Beautiful Bill
A new tax deduction for interest on loans for American-made cars is pending. The public comment period ends…
IRS Tax Season 2026: Immigrant Filing Guide & Deadlines
IRS tax season opened Jan. 26, 2026. Learn who should file Form 1040 or 1040-NR, key deadlines, and…
South Carolina 2026 Income Tax Rates: Two-Tier Brackets and SCIAD
South Carolina House Bill 4216 proposes a new two-tier income tax structure (1.99% and 5.39%) for 2026. It…