Many Indian-origin taxpayers living in the U.S. struggle with how to report income earned in India especially when their CPA doesn’t specialize in NRI taxation. One wrong move can...
Many Indian-American taxpayers are confused about how to handle money gifts from their parents in India. Is it taxable? Does it need to be reported? Will the IRS audit...
Problem: Why Most Indian-Americans Get This Wrong Indian mutual funds may seem like a smart investment. But for U.S. taxpayers especially Indian-Americans they come with a hidden trap: PFIC...
Paying taxes in both the U.S. and India? You’re not alone. Many Indian-Americans and NRIs struggle with the fear of double taxation. Fortunately, the IRS allows you to claim...
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...
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....