Form 5471 & GILTI Rules for U.S. Shareholders If you’re a U.S. person (citizen or green card holder) holding shares in an Indian private limited company (Pvt Ltd), you...
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...
Indian mutual funds may feel safe and familiar to investors, but for U.S. taxpayers, they’re a PFIC landmine. Thousands of Indian-Americans investing in ICICI, HDFC, SBI, or Nippon funds...
Running businesses on both sides of the globe is exhilarating-but your next mistake could cost you tens of thousands in taxes, audits, or double taxation. Many CPAs treat U.S....
Introduction: Passing Wealth-Without Blowing Up Your Tax Bill For many Indian-American families, planning how to pass assets-both in the U.S. and India-is emotionally and financially significant. Yet, most CPAs...
Why This Blog Matters Every year, thousands of Indian-Americans receive foreign gifts from parents or relatives in India. It might be a $100K wire transfer, property inheritance, or simply...
Many Indian taxpayers in the U.S. struggle with a critical filing choice: Should I file as “Married Filing Jointly (MFJ)” or “Married Filing Separately (MFS)” if my spouse still...
Many Indian professionals working in the U.S. on an L-1 visa face confusion about tax residency, dual-status returns, foreign salary, and tax treaty benefits. Worse, most CPAs are unfamiliar...
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 taxpayers living in the U.S. invest in Indian mutual funds like HDFC, ICICI, or SBI schemes without realizing these may be classified as Passive Foreign Investment Companies...