Self-Employed on O1 with Indian InvITs in India: Compliance Considerations For O1 visa holders who are self-employed, managing cross-border finances requires a clear understanding of when your US tax...
IRS Tax Rules for Foreign Bank Fixed Deposits Holding overseas term accounts creates complex tax traps under federal guidelines. Foreign bank fixed deposits are a popular choice for overseas...
F1 to H1B Tax Transition and Indian Mutual Funds: When Reporting Obligations Actually Begin Transitioning from an F1 student visa to an H1B specialty occupation visa marks an exciting...
Dual Citizens (US-India Origin) and Indian Mutual Funds: A Lifetime Reporting Obligation For individuals who hold US citizenship alongside Overseas Citizenship of India (OCI), cross-border financial management is a...
(Tax Year 2024 – Filed in 2025) Overview If you’ve received your Form W-2 and noticed Code DD in Box 12, you might be wondering what it means and...
(Tax Year 2024 – Filed in 2025) Overview Box 12 on Form W-2 contains a series of codes and dollar amounts that report non-wage compensation, pre-tax benefits, and retirement...
Introduction The IRS 1099-K reporting rule has changed in 2025, affecting small businesses, freelancers, and gig workers who receive payments through third-party platforms like PayPal, Venmo, Square, eBay, and...
Introduction The IRS is intensifying efforts to combat tax fraud in 2025, focusing on high-income earners, cryptocurrency transactions, unreported income, and fraudulent deductions. With increased IRS funding, audit rates...
As cryptocurrencies and other digital assets gain traction in financial markets, the need for clear tax reporting guidelines becomes paramount. The IRS’s introduction of Form 1099-DA, “Digital Asset Proceeds...
Does your US entity have a foreign owner with at least 25% interest in the ownership? If yes, then read the following blog to navigate the complex reporting requirements...