Many Indian-Americans and NRIs living in the U.S. are unaware that failing to disclose Indian bank accounts, mutual funds, or property rental income can trigger steep IRS penalties. The...
Thinking of hiring your cousin in India to help with your U.S. business? Or outsourcing to a relative overseas? You’re not alone-many Indian-American entrepreneurs want to involve trusted family...
Thinking of forming a U.S. LLC with Indian partners? Or already own one? Don’t fall for the trap most CPAs and online platforms miss-foreign ownership in a U.S. LLC...
Thousands of Indian citizens relocate to the United States each year for jobs, higher education, or permanent residence. However, most CPAs don’t understand the Dual-Status Alien filing rules, and...
Many Indian-origin U.S. taxpayers receive IRS notices related to unreported Indian bank accounts, PPFs, FDs, or mutual funds, often because their previous CPA either didn’t ask or failed to...
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-Americans living in the U.S. are unaware of their obligation to report foreign financial accounts-even if those accounts are in India and earn minimal or no income. Most...
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...
Missing key tax deadlines can result in penalties, interest, and a lot of unnecessary stress. Here’s a clear breakdown of the most important U.S. federal tax deadlines you need...
No one wants a letter from the IRS. While most audits are random, many are triggered by red flags on your return. As a business owner, freelancer, or high-income...