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goodbye 2024, hello 2025!

As 2024 draws to a close, we're proud to reflect on our accomplishments and offer a glimpse of what lies ahead in 2025.

Here is a brief review of the events, content and updates we have in store...

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Winter Summit 2024

 The Orbiss team gathered in NYC this November for our annual Winter Summit! It was an incredible time for training, team-building, and giving back. During the season of giving, we packed and distributed meals with City Meals on Wheels.

We’re already looking forward to reconnecting at the Spring Summit!

Orbiss is an official partner of Monday.com

With this partnership, we’re streamlining our operations and enhancing our ability to deliver exceptional service to our clients. It’s not just a tool—it’s become an integral part of how we work smarter, faster, and more effectively every day. We’re proud to partner with such an innovative platform, and this collaboration underscores our commitment to staying at the forefront of technology.

If you’d like to learn more about our journey with monday.com, feel free to reach out—we’d love to share how it’s reshaping the way we work!

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tax and accounting updates

Expect significant changes in 2025! We anticipate several policy changes that could impact foreign nationals working, living, or managing finances in the U.S.

 

Tax Code Adjustments

 

The upcoming Trump administration is expected to update income tax brackets and deductions, so international professionals and entrepreneurs should prepare for potential shifts in their tax obligations.

 

Beneficial Ownership Reporting

 

The U.S. is raising the bar on transparency for foreign entities. Stricter requirements for beneficial ownership disclosures mean companies must stay ahead of these standards to avoid penalties.

 

Increased IRS Enforcement

 

Attention high-income foreign taxpayers: the IRS is stepping up. Expect increased scrutiny on international reporting compliance, so staying proactive with your filings is more critical than ever.

 

Visa and Immigration Changes

 

Proposed adjustments to visa availability and work authorizations could significantly impact foreign professionals. We are monitoring these developments closely to help you navigate any changes quickly.

 

Tax Cuts and Jobs Act (TCJA)

 

Originally signed into law by the Trump administration, the TCJA—one of the most sweeping reforms to corporate and individual tax codes—is set to expire in 2025. Will it be renewed, replaced, or retired? The answer could shape the future of U.S. taxation.

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happy holidays!

We want to wish you and your loved ones a joyful holiday season! This year has been incredible for Team Orbiss, and your support has been monumental to our success. Thank you for being part of the Orbiss community – we look forward to working with you in the year ahead! 

Here’s to a prosperous 2025! 

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