Rental property depreciation: the tax deduction most landlords either miss or get wrong
Rental property depreciation reduces your tax bill every year you own a rental. Here is how to calculate it correctly and avoid a costly recapture surprise.
What happens to your India EPF and social security after moving to the US?
Your EPF may trigger US tax and FBAR reporting obligations after you move. Here is what Indian professionals in the US need to know.
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.
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.
Claiming the Foreign Tax Credit as an Indian Expat in the US: Your Step-by-Step Playbook
Picture this: you’ve built a life in the US, maybe on an H-1B, earning in dollars, paying your bills in dollars — and then one fine day, you open your inbox to find your old apartment in Bangalore has sent you a lovely little reminder. Rent’s in. Tax’s due. You […]
Earning in Both the US and India? Here’s How to Stop Paying More Tax Than You Should
If you’re an Indian national living in the US, chances are you’re juggling money across borders — a salary in the States, a flat in Hyderabad that earns rent, maybe even mutual funds or FDs back home. And here’s where it gets tricky: both the IRS and the Indian Income […]
Maximising Your Retirement Plan Deductions: What Every Individual Needs to Know
Retirement planning isn’t just about securing your financial future — it’s also one of the smartest tax-moves you can make right now. By contributing to the right retirement plans and taking full advantage of deduction limits, you can lower your taxable income today while building wealth for tomorrow. In this […]