Received a large gift from someone outside the US? Here is what the IRS requires you to do.
A gift from a foreign person is usually not taxable in the US. But it may still require an IRS filing, and the penalty for missing it can be significant. Here is what you need to know.
US tax rules for owning foreign mutual funds: what investors do not know until it is too late
Foreign mutual funds trigger PFIC tax rules that are far harsher than standard capital gains treatment. Here is what US investors need to know.
Switching your car between business and personal use? Here is its impact on your taxes.
The car tax deduction for business use depends on how much you drive for work. Here is how switching between business and personal use affects what you can claim.
Why am I profitable on paper but still short on cash after taxes?
Your income statement says you are doing well. Your bank account disagrees. Here is why that happens and what to do about it.
Are quarterly estimated taxes optional or mandatory for my business?
Most founders find out the hard way. Here is how to know whether you are required to pay, what happens if you do not, and how to make the math work when your income is unpredictable.
Estimated Tax Payments for Self-Employed Business Owners: How to Avoid IRS Penalties in 2026
Self-employed business owners, freelancers, and independent contractors must make quarterly estimated tax payments to the IRS — and the penalties for missing them start accruing automatically from the date each payment was due, not at year-end.
Year-End Tax Planning Checklist for Foreign Business Owners: 2026 Edition
Year-end tax planning in 2026 is more valuable than prior years — the One Big Beautiful Bill Act permanently extended the 20% QBI deduction, restored 100% bonus depreciation, and raised the SALT cap to $40,000, creating real planning opportunities before December 31. Find out more!
Form 5471 for Foreign Entrepreneurs: The Complete Guide to Reporting Your Foreign Company (2026)
If you own 10% or more of a foreign corporation — an Indian Pvt Ltd, a Singapore Pte Ltd, or any company structured as a corporation under US tax rules — and you are a US resident or Green Card holder, you are almost certainly required to file Form 5471 every year. Read the blog to find out more!
FBAR for Indians in the US: The Complete Guide to Reporting Your Indian Accounts in 2026
Think your NRE account doesn’t need to be reported in the US? Many Indians discover too late that FBAR rules apply. Here’s what you need to know about NRE and NRO reporting.
Green Card Tax Implications for Indians: What Changes the Day You Get Permanent Residency
Getting a Green Card changes more than your immigration status. From permanent worldwide taxation to the 8-year exit tax clock, here’s what Indians in the US need to understand from day one.
Indian Mutual Funds and PFIC Rules: What Every Indian Professional in the US Must Know in 2026
Many Indian professionals in the US don’t realize their Indian mutual funds are treated as PFICs by the IRS. That can mean taxes exceeding 50% if handled incorrectly. Here’s what you need to know.