Tom Yuen

By Tom Yuen, CPA, MSTGray, Gray & Gray, LLP The biotechnology and life sciences sector is experiencing one of its most difficult periods in recent memory. What industry insiders have dubbed the “biotech winter” represents a perfect storm of reduced revenue streams, tightened federal funding, elevated interest rates, and increased investor skepticism. As an accountant […]

By Tom Yuen, CPA, MST Gray, Gray & Gray, LLP Executive Summary The Trump Administration’s new $100,000 H-1B visa application fee, which went into effect on September 21, 2025, has fundamentally altered the economics of hiring high-skilled foreign workers. This one-time fee applies only to new H-1B petitions for workers from outside the U.S. and