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...
Introduction Before you pour capital into your next private-label product on eBay, thorough research can make or break your success. Beyond market demand, savvy sellers leverage tax-savvy development and...
Investing in your skills through professional development is often critical for business success. Fortunately, under IRS rules, certain educational expenses may be deductible if they maintain or improve your...
IRS Tax Extension Filing on time isn’t always possible. Fortunately, the IRS grants an automatic six-month extension for most returns from individual (Form 4868) to corporate (Form 7004). But...
When your C Corporation needs extra time to prepare its federal return, filing for an extension avoids late-filing penalties. Below is a 2025–compliant guide to using IRS Form 7004...
What Is IRS Letter 106-C? Letter 106-C (Claim Partially Disallowed) is the IRS’s legal notice that it has denied part—but not all—of your Employee Retention Credit (ERC) claim for...
Introduction Seasonal sellers on eBay thrive during short bursts—Halloween, Christmas, Summer, Back-to-School. But while the sales spike fast, tax problems can hit even faster if you don’t follow compliance...