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...
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...
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 taxpayers living in the U.S. invest in Indian mutual funds like HDFC, ICICI, or SBI schemes without realizing these may be classified as Passive Foreign Investment Companies...
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...