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...
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...
Thinking of forming a U.S. LLC with Indian partners? Or already own one? Don’t fall for the trap most CPAs and online platforms miss-foreign ownership in a U.S. LLC...
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 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...
When your C Corporation needs extra time to prepare its federal return, filing for an extension avoids late-filing penalties. Below is a 2025–compliant guide to using IRS Form 7004...
Introduction Failing to file or pay taxes on time can lead to significant IRS penalties and interest charges. These penalties accumulate quickly, increasing your overall tax burden. Fortunately, the...
Are you aware of the critical tax filing requirements for C Corporations? Discover the key steps to ensure compliance and optimize your tax strategy for success. Introduction Navigating the...
Are you ready for the March 15 deadline? Learn the essential tips and strategies to file your partnership and S corporation taxes on time and avoid costly penalties! Introduction...