Taxes
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Essential records to keep for audits after leaving the United States
Keep complete tax files for at least three years after moving abroad, including Forms 1040, 2555, 8938, FBARs, account statements,…
Preserving U.S. Social Security for H-1B Workers Returning to India
If H-1B workers earn 40 Social Security credits (about ten years), they can receive U.S. retirement benefits in India. Payments…
Determining India Tax Residency After Return: NRI, RNOR, and ROR
Residency depends on days in India: 182+ days or 60+365 over prior four years makes you resident; otherwise NRI. Residents…
Optimal Strategy for India Retirement Corpus After US Savings
Combine US retirement accounts with an India-focused corpus built via SIPs into diversified equities, step-up contributions, NPS, debt funds and…
US-India Tax Treaty: Implications for Avoiding Double Taxation
The US‑India treaty assigns taxing rights by income type and prevents double taxation via credits or exemptions. Residence rules and…
Coordinating Retirement Planning Across Two Countries: Tax-Efficient Withdrawal Strategies
Follow an eight‑step cross‑border retirement playbook: map tax treaties, inventory accounts, sequence withdrawals, manage currency, confirm residency and healthcare, hire…
US Tax Filing: Partial-Year Departure and Future Years with FBAR
Moving abroad does not suspend U.S. tax filing: file Form 1040 reporting worldwide income. Consider FEIE (Form 2555) or FTC…
Cross-Border Tax Planning for a Transition Year with Dual Income
To reduce transition-year double taxation, prove precise residency dates, check treaties for your income types, and document foreign taxes to…