Form 5471 & GILTI Rules for U.S. Shareholders If you’re a U.S. person (citizen or green card holder) holding shares in an Indian private limited company (Pvt Ltd), you...
Indian mutual funds may feel safe and familiar to investors, but for U.S. taxpayers, they’re a PFIC landmine. Thousands of Indian-Americans investing in ICICI, HDFC, SBI, or Nippon funds...
Why This Blog Matters Every year, thousands of Indian-Americans receive foreign gifts from parents or relatives in India. It might be a $100K wire transfer, property inheritance, or simply...
Many Indian taxpayers in the U.S. struggle with a critical filing choice: Should I file as “Married Filing Jointly (MFJ)” or “Married Filing Separately (MFS)” if my spouse still...
Many Indian professionals working in the U.S. on an L-1 visa face confusion about tax residency, dual-status returns, foreign salary, and tax treaty benefits. Worse, most CPAs are unfamiliar...
U.S. Tax Residency Explained Many Indian nationals working or staying in the United States are unaware that they may be considered U.S. tax residents even if they hold temporary...
Why Indian NRIs End Up Overpaying Taxes Many Indian NRIs in the U.S. unknowingly make serious mistakes on their U.S. tax returns often because their tax preparer isn’t well-versed...
As ESG (Environmental, Social, Governance) investing gains popularity, investors often overlook the tax consequences tied to their values-based portfolios. Whether you’re investing in green energy, sustainable agriculture, or corporate...
Buying or selling a business can be one of the most financially significant events in your career. But beyond the valuation and negotiations, the tax implications can dramatically affect...
Filing Taxes in Multiple States If you worked, lived, or earned income in more than one state during the year, filing taxes can get complex. Whether you’re a remote...