Did You Miss PFIC Form 8621? Here’s What H1B Investors Must Know For many H1B professionals, tax season involves a quick upload of a W-2 and perhaps some 1099s....
Indian Mutual Funds Are PFICs: What Every H1B Needs to Know For most Indian professionals on an H1B visa, maintaining a portfolio back home is a standard part of...
PFIC Tax Nightmare: H1B Professionals Paying 50% Tax on Indian Mutual Funds For many H1B professionals, the “India Growth Story” is a primary pillar of their wealth strategy. You...
Avoid PFIC Penalties: Indian Mutual Fund Tax Rules for U.S. Residents For U.S. tax residents holding Indian mutual funds, the term “Passive Foreign Investment Company” (PFIC) is more than...
PFIC Reporting Simplified: A Guide for H1B Visa Holders with Indian Investments For an H1B holder, the term PFIC (Passive Foreign Investment Company) is often discovered only when a...
H1B Holders Beware: Your Indian Mutual Funds Might Be Costing You Thousands For most H1B professionals, maintaining a mutual fund portfolio in India feels like a smart way to...
The PFIC Trap: How Indians on H1B Are Overlooking Huge IRS Penalties For thousands of Indian professionals on H1B visas, a “diversified” portfolio often includes mutual funds, ETFs, or...
The Foreign-Owned US LLC: Why “Zero Income” Doesn’t Mean “Zero Filing” In 2025, a recurring issue for our international clients was the belief that a US LLC with no...
International Tax Toolkit Your essential guide to U.S.-India tax compliance under the OBBBA legislation. 1. Key Deadlines for 2026 Date Deadline Description Who It’s For Jan 15, 2026 Final...
Missed Your PFIC or FBAR Filings? How to Catch Up in 2026 If you’ve recently realized that your Indian mutual funds are PFICs (as we discussed in [Blog #1])...