Green Card Holder With Indian Demat Account: Reporting Review Maintaining a Dematerialized (Demat) account in India allows Green Card holders to trade and hold Indian equities, bonds, and securities...
O-1 With RSUs: U.S. and Foreign Tax Filing Review Restricted Stock Units (RSUs) are a straightforward reward mechanism that carries surprisingly complex cross-border tax consequences. For extraordinary individuals on...
Green Card Holder Abroad: FBAR and FATCA Questions Living outside the United States naturally leads Green Card holders to establish complete financial lives in their country of residence. Local...
 Green Card Holder Late FBAR Filing: Penalty Questions Green Card holders who hold foreign bank accounts exceeding $10,000 in aggregate face mandatory annual FBAR (FinCEN Form 114) filings. Missing...
H-1B With Foreign Brokerage Account: Form 8938 Review H-1B professionals holding foreign brokerage accounts face stringent annual reporting obligations under U.S. tax laws. The Foreign Account Tax Compliance Act...
H-1B With Indian Bank Accounts: FBAR and FATCA Review Holding active bank accounts in India while living in the United States on an H-1B visa creates mandatory annual reporting...
H-1B Visa Holder and Worldwide Income Reporting Rules Once an H-1B visa holder becomes a U.S. tax resident, the scope of their tax obligations expands globally. The IRS requires...
O-1 Late FATCA Filing: Form 8938 Questions Foreign Account Tax Compliance Act (FATCA) reporting via Form 8938 is a separate requirement from the FBAR, carrying its own distinct deadlines...
O-1 FATCA Form 8938 Threshold Questions Navigating Form 8938 asset thresholds, foreign stocks, pensions, and entity reporting requirements. Form 8938 (FATCA) requires U.S. tax residents to report specified foreign...
H1B First-Year Filers: Do You Owe Reporting on Chit Funds You Held Before Moving to the US? For many H1B visa holders, the first year in the U.S. brings...