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...
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 U.S. taxpayers receive IRS notices related to unreported Indian bank accounts, PPFs, FDs, or mutual funds, often because their previous CPA either didn’t ask or failed to...
Indian PF, PPF & NPS Accounts Most Indian-origin taxpayers living in the U.S. are unaware that their Indian retirement accounts like EPF, PPF, and NPS can trigger IRS reporting...
Many Indian citizens who have relocated to the U.S. on work visas or green cards are unaware that their Indian bank accounts and investments may trigger U.S. foreign reporting...
Many Indian-Americans living in the U.S. are unaware of their obligation to report foreign financial accounts-even if those accounts are in India and earn minimal or no income. Most...
Why Most CPAs Miss This Crucial Reporting Many Indian-Americans and NRIs working with generic CPAs or tax preparers often miss reporting their Indian bank interest correctly on their U.S....
Paying Tax Twice? You Might Not Have To Many Indian nationals living in the U.S. are shocked to find they owe tax on the same income in both countries...