December 2, 2015
Taxation on Sale of Property by NRI’s (Non Resident Indians) is bit confusing subject. This confusion is caused due to lack of information and improper
Tax Treatment and Planning Strategies for Nonresident Individuals
August 24, 2015
on Tax Treatment and Planning Strategies for Nonresident Individuals
Alien individuals that have U.S.-source income can be taxed as residents of the United States if they meet certain requirements. Otherwise, they
IRS Announces 2010 Standard Mileage Rates
December 8, 2009
WASHINGTON — The Internal Revenue Service today issued the 2010 optional standard mileage rates used to calculate the deductible costs of operating an
Departing Aliens and the Sailing Permit
October 18, 2009
Most foreign citizens, regardless of their resident status, must obtain a certificate of compliance before permanently departing from the United States. This
Simple Guide – Incomes which are tax-free under the Indian Income Tax Act, 1961
July 29, 2009
Jul 29, 2009 Income Tax 1. Agricultural income: Any income which you receive as income from any agricultural activity is deemed as not included in total
Special Provisions Applicable to Non-resident Indians
July 16, 2009
With a view to attract investment by Non-resident Indians (NRIs) and Indian Nationals living abroad, certain reliefs, exemptions and incentives have been
International Tax Issues – IRS Commissioner Doug Shulman's Remarks to the OECD!
June 4, 2009
Prepared Remarks of IRS Commissioner Doug Shulman Before the Organization For Economic Co-Operation And Development Washington, DC, June 2,
How to Avoid an IRS Audit?
March 10, 2009
Taxes are high enough; you don’t want to also pay penalties and interest because an audit reveals you’ve broken the rules. And Internal Revenue Service
Should I plan my retirement tax strategy?? YES YOU SHOULD!
January 8, 2009
Our life changes with various life changing events and retirement is one such life changing event which not only changes our life…but also our income and
Residential Status in the US, What does it mean from US Tax filing perspective?
January 2, 2009
It is very important to determine the residential status of the tax filer, as a resident and nonresident are taxed differently under the IRS code. Who is a