Taxes
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Dignity Act and HIRE Act: Higher FICA for OPT Wages
Congress is reviewing the Dignity Act, ending FICA exemptions for OPT students, and the HIRE Act, adding a 25% outsourcing…
Managing a US 401(k) Abroad: Rollovers, Withdrawals, Strategies
Expats can keep their 401(k), rollover to an IRA, or cash out. Direct rollovers are usually tax-free and expand investment…
Returning to India: How to claim Employer Pensions and 401(k)
Returnees should claim EPF/EPS via EPFO and keep Certificate of Coverage if posted abroad. For 401(k)s, consider leaving until 59½,…
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…