Relocating to India With a booming economy and good career prospects many Indian-American US Citizens are looking at potentially considering relocating to India. If not planned well this can result in a lot of anxiety
What is Form 8938 – Statement of Specified Foreign Financial Assets? Form 8938 is used to report your specified foreign financial assets if the total value is more than the appropriate reporting threshold. Who is
The Tax Cut and Jobs Act passed by the Trump administration has made several changes to the tax law. In this article, let us look at the major provisions which many have an impacted US
In the previous article (click here), we saw the basics of mutual fund taxation. In this article we understand the taxation as per the Excess Distribution Method. When are you taxed as per the Excess
Taxation of Indian mutual funds on US tax return is a very critical component of your US tax return. If you are a US citizen, resident or a green card holder having investment in Indian mutual funds,
The IRS ended its Offshore Voluntary Disclosure Program or OVDP for short, on September 28, 2018.This program which was in effect since 2014 helped a lot of people to come forward and become compliant. Now
If you are a US citizen residing in India, your Indian banks must have probably issued you some forms requiring disclosure under FATCA requirements. These forms look like an extended KYC (know your customer) form
Are you a US citizen or a green card holder and now staying outside the US ? If yes, please read this article. In case you were in the US for a short period of
Social Share:
