New U.S. Citizen in New York: Residency and Foreign Income Review New York state and city tax authorities apply strict scrutiny to residents with international assets and foreign income...
New U.S. Citizen in California: Global Income and State Tax Questions California’s Franchise Tax Board (FTB) maintains some of the most aggressive residency and worldwide income rules in the...
H-1B Foreign Tax Credit: Avoiding Double Taxation Questions For H-1B visa holders who earn income abroad while classified as U.S. tax residents, paying tax twice on the same dollar...
US Citizens Working in India (Foreign Earned Income Exclusion) and PMS (Portfolio Management Services) Reporting Building a high-value equity portfolio in India often leads expats to explore Portfolio Management...
Audit-Proofing Your 2025 Return: Top 5 IRS Audit Red Flags for Expats As we move into the 2026 filing season, the IRS’s ability to “see” your global assets has...
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-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...
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-origin taxpayers in the United States are now under increased scrutiny by the IRS due to global financial transparency initiatives, FBAR enforcement, and noncompliance with foreign account reporting....
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....