Backward Unused R&D Tax Credits Businesses investing heavily in innovation often generate R&D Tax Credits that exceed their current-year tax liability. Fortunately, under IRC §39(a), these credits don’t expire...
R&D Credit Planning Startups investing in innovation often face years of heavy research spending before generating revenue. The R&D Tax Credit under IRC §41 and §41(h) allows pre-revenue startups...
Controlled Group R&D Credit When multiple related companies operate under common ownership, the IRS requires them to aggregate their Qualified Research Expenses (QREs) to determine a single R&D Tax...
Calculate the R&D Tax Credit The R&D Tax Credit under IRC §41(a) helps U.S. businesses save taxes for qualifying research and innovation. The Regular Method is the original formula...
Problem: Why Most Indian-Americans Get This Wrong Indian mutual funds may seem like a smart investment. But for U.S. taxpayers especially Indian-Americans they come with a hidden trap: PFIC...
Indian PF, PPF & NPS Accounts Most Indian-origin taxpayers living in the U.S. are unaware that their Indian retirement accounts like EPF, PPF, and NPS can trigger IRS reporting...
Many Indian citizens who have relocated to the U.S. on work visas or green cards are unaware that their Indian bank accounts and investments may trigger U.S. foreign reporting...
Many Indian nationals on H-1B or OPT status working in the U.S. start freelancing or consulting to earn side income. What they don’t realize is that this could violate...
Tax scams have surged in recent years, especially with growing digital filing and phishing tactics. Fraudsters often impersonate the IRS or tax professionals to steal your money, identity, or...
Business Taxes Before Year-End Business owners often find themselves racing against the clock at year-end, grappling with mounting tax liabilities that erode profits and constrain growth. Inexperienced tax preparers...