Taxes

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Rental Income Tax for H-1B/GC with Indian Property: Dual Filing

U.S. residents with rental property in India must file Indian returns when due, report the rent on U.S. Form 1040/Schedule…

NRIs Owning Indian Property While in the U.S.: Tax Rules

Simply owning Indian property does not trigger U.S. taxes if there’s no rent or sale. Reporting obligations focus on rental…

NRI Builds India Home for Parents: No U.S. Tax or Filing

An NRI-owned home in India used rent-free by parents generally creates no U.S. tax or property reporting. The main obligation…

US OPT Students Face Tax Changes, FICA Exemption on the Line

Two pending bills—the OPT Fair Tax Act and Dignity Act of 2025—would end FICA exemption for OPT, making employees and…

Israel Expands Tax Breaks for New Immigrants to Boost Economy

Starting late 2025, Israel will offer new immigrants broad tax relief including a ten-year foreign income exemption, proposed local-income relief,…

U.S. Tax Implications of Selling Indian Real Estate

Selling property in India triggers Indian capital gains rules (24-month threshold with indexation) and U.S. taxation in USD using historical…

Tax Guide for H-1B Returnees: U.S. and India Tax Implications

Returning H-1B professionals must manage U.S. and Indian tax rules: watch 182-day residency in India, potential U.S. dual-status filings, FEIE/FTC…

U.S.–India Tax Residency Cheat Sheet: Rules, Dual Residency and Tie-Breakers

India’s 2025 rules narrow deemed residency and exempt some NRIs from the 60‑day test while the U.S. Substantial Presence Test…