Taxes
Tax Central: Your essential source for the latest in tax laws, filing tips, and deductions. Ideal for navigating complex tax requirements with ease.
New Tax Bill’s Major Impact on Immigrant Healthcare and Benefits
The 2025 U.S. tax bill limits immigrant Medicaid and SNAP access, introduces $65 billion in immigration fees, and allocates $170 billion for border enforcement. Millions face higher costs, fewer health…
Will Excise Tax on Remittances in OBBB Deter H‑1B Holders From Sponsoring Family?
The proposed excise tax on remittances would add costs for H-1B holders sending funds abroad. Senate exemptions might…
One Big Beautiful Bill Act Offers Tax Breaks but Lacks SSN Clarity for Tips
The 2025 One Big Beautiful Bill Act offers tax breaks on Social Security, tips, and overtime pay while…
Could Deficit Boost from One Big Beautiful Bill Raise Mortgage and Auto Loan Rates for H‑1B Visa Holders?
The One Big Beautiful Bill Act will increase the U.S. deficit and likely raise mortgage and auto loan…
Do Remittance Taxes Under OBBB Act Differ for H-1B Joint vs Separate Filers?
Effective after 2025, the OBBB Act introduces a 1% remittance tax on money sent abroad from U.S. banks…
New IRS Reporting Rules for H-1B Holders Under One Big Beautiful Bill
Starting July 2025, the One Big Beautiful Bill Act may require H-1B holders to pay a 3.5% tax…
Do H‑1B Spouses Filing Jointly Qualify for Education Credits in 2025?
Spouses of H-1B visa holders filing jointly can claim American Opportunity and Lifetime Learning credits if they meet…
Are H-1B Self-Employed Individuals Subject to New Taxes Under the One Big Beautiful Bill?
From July 2025, the One Big Beautiful Bill Act enhances the QBI deduction and bonus depreciation but introduces…
Impact of One Big Beautiful Bill on SALT Deduction for Dual-Income H-1B Families
The One Big Beautiful Bill Act proposes raising the SALT deduction cap to $40,000, easing federal taxes for…
H-1B Households Filing with ITINs Remain Ineligible for Child Tax Credit
Effective July 3, 2025, the One Big Beautiful Bill Act expands the Child Tax Credit but maintains SSN…