US Remittance Tax

One-Big-Beautiful-Bill-Act
Tax Preparation and Filing

One Big Beautiful Bill Act: What Tax Pros Need to Know About the New Rules, Risks, and Rewards

If you’re in accounting or tax planning, you’ve probably already heard the buzz: the One Big Beautiful Bill Act (OBBBA) is here and it’s not just another tweak to the system. It’s a massive piece ...

US REMITTANCE TAX UPDATE
Tax Preparation and Filing

US Remittance Tax Reduced to 1% for Immigrants: What You Really Need to Know

Let us start with this: if you’re working, studying, or living in the US and sending money back home, this change matters. The new US remittance tax has been reduced from a potential 5% to 3.5%, and now stands at o...