New U.S. Citizen With Indian ULIP: PFIC and Tax Questions Transitioning into U.S. citizenship exposes your existing foreign insurance products to strict federal oversight. Unit Linked Insurance Plans (ULIPs)...
F1 Students on CPT/OPT: Common Myths About Reporting ULIPs (Unit Linked Insurance Plans) to the IRS Earning income while on CPT or OPT is a major professional milestone for...
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...