F1 Students on CPT/OPT: Common Myths About Reporting Indian Mutual Funds to the IRS As an F1 student utilizing Curricular Practical Training (CPT) or Optional Practical Training (OPT), your...
Long-Term Green Card Holders (8-Year Rule) and ULIPs (Unit Linked Insurance Plans): Expatriation Reporting Explained For long-term Green Card holders, the “8-year rule” is one of the most critical...
Green Card Exit Tax and ULIPs (Unit Linked Insurance Plans): What Happens If You Give Up Your Green Card Giving up your Green Card is a significant decision that...
Dual Citizens (US-India Origin) and ULIPs (Unit Linked Insurance Plans): A Lifetime Reporting Obligation Many dual citizens living in the US maintain financial ties to India, often holding Unit...
L1 Visa Holders Rotating Between US and India: Tracking ULIPs (Unit Linked Insurance Plans) Across Tax Residency Years For L1 visa holders who rotate between the U.S. and India,...
US Citizens by Birth to Indian Parents: Do You Owe Back Reporting on ULIPs (Unit Linked Insurance Plans)? As a US citizen, your tax obligations are tied to your...
Green Card Holders Living Part-Time in India: Indian InvITs Reporting You Can’t Skip As a Green Card holder, you are a U.S. tax resident from the moment your status...
L1 Holders Rotating Between US and India: Tracking Indian InvITs Across Tax Residency Years For L1 visa holders cycling between the US and India, tax residency is not a...
Schedule B, FBAR and FATCA Together Managing foreign accounts requires handling an interconnected web of federal disclosure forms. Reporting your international assets isn’t an “either/or” choice; Schedule B, FBAR...
Foreign Deposit Reporting Under FATCA Enacted to curb offshore tax evasion, FATCA created a multi-layered compliance structure affecting both individual investors and overseas financial institutions. If you maintain foreign...