The Hidden IRS Risk Lurking in Your Indian Mutual Funds For most H1B professionals, investing in an Indian mutual fund seems like a straightforward way to build wealth in...
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 Compliance for NRIs: Don’t Let the IRS Penalize You For Non-Resident Indians (NRIs) living in the U.S., the dream of building wealth back home in India often hits...
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...
Are You an H1B Investor? You Might Be Non-Compliant with PFIC Rules For most H1B holders, the transition to being a U.S. Tax Resident happens quickly through the “Substantial...
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...