Focus Keyword: Superseding Return Introduction Many taxpayers file their returns early and later realize they missed reporting certain deductions, elections, or forms. Instead of waiting to amend, the IRS...
If you recently moved to the U.S. from India in 2025, you may not be considered a full-year tax resident. That means you’ll likely need to file a dual-status...
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...
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...
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...
Double Taxation Woes for Indian Taxpayers in the U.S. Many Indian taxpayers working in the United States often face a dilemma they’ve already paid tax on their Indian salary...