Indo-US Taxation — Handled by a CPA Who Actually Works in This Space

If you have ties to both India and the United States — bank accounts, property, family, investments, or income — your tax life isn't simple.

You're navigating two tax systems. Two definitions of residency. A treaty between them that few people read. And requirements like FBAR that we do efficiently.

Being most knowledgeable and having hands on experience with US and India taxation; most client reach out to us. That's exactly the gap we fill.

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Who This Page Is For

Navigating dual-country tax systems requires specialized knowledge of both IRS and Indian tax laws. We routinely assist:

Indian-origin US residents — H1B, Green Card, naturalized citizens

NRIs (Non-Resident Indians) living in the US

OCI cardholders with financial interests in India

US residents with India-based rental property or investments

Indian nationals working in the US on assignment

Families managing cross-border inheritances or property transfers

Anyone with India bank accounts wondering if FBAR applies (it likely does)

US Citizens or Green card holders living in India

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What We Help With

Comprehensive cross-border tax strategy, asset reporting, and dual-country return preparation.

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Cross-Border Tax Planning

Tax-efficient strategies that look at both sides of the equation — US federal/state and Indian tax. We help minimize double taxation, maximize treaty benefits, and time decisions so they work in your favor.

For families planning moves, retirement, property sales, or investment shifts between countries, this kind of planning is rarely covered by a generic CPA.

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NRI / OCI Advisory

Residential status determination. Tax liability assessment in both countries. Bank account types (NRO, NRE, FCNR) and their tax implications. Compliance requirements you may not realize apply.

If your status changed during the year — moved to the US, moved back to India, returned to the US after years away — those transitions have specific tax treatment. We handle them.

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Foreign Income Reporting on US Returns

Rental income from property in India. Interest from Indian fixed deposits and savings accounts. Dividends and capital gains from Indian mutual funds and stocks. Pension income. Inheritance distributions.

All of this is reportable on your US return — even if Indian tax has already been paid on it. We report it correctly, apply foreign tax credits where applicable, and avoid the double taxation that catches many filers.

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Foreign Asset Reporting (FBAR & FATCA)

FBAR (FinCEN Form 114) is required if your foreign financial accounts exceeded $10,000 in aggregate at any point during the year.

FATCA Form 8938 is a separate IRS filing with its own thresholds. Many Indian-origin US residents are unknowingly behind on one or both. We handle both forms — and if past years were missed, the Streamlined Filing Compliance Procedures may be available.

India Tax Return Filing

End-to-end assistance with preparing and filing Indian tax returns — for clients with rental income, capital gains, or other India-source income that needs to be reported in India.

We coordinate the timing and treatment between Indian and US filings so they line up correctly.

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Repatriation Guidance

Bringing funds from India to the US comes with its own rules — RBI limits, source-of-funds documentation, tax certificates Form 145/146 (formerly Form 15CA/15CB), and reporting on both sides.

We help structure repatriations to be compliant and tax-efficient, avoiding the surprises that come from doing it informally.

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India PAN Card Assistance

A PAN is required for most significant financial transactions in India. We help with new applications, corrections, and NRI/OCI-specific PAN needs.

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Why This Is a Real Specialization

Vrajesh Shah, CPA, has spent decades working in the Indo-US tax corridor. That experience matters because the cross-border space has its own logic:

US tax residency rules (substantial presence, green card test) interact with Indian residency rules differently for each person
The India-US tax treaty offers benefits — but only if positions are claimed correctly on the right forms
Foreign tax credits prevent double taxation only when filed properly
FBAR and FATCA reporting are separate from your tax return — and missing them carries real penalties
Repatriation of funds from India requires coordination on both sides

This isn't a side service for us. It's central.

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What Makes This Work Different

It's not just technical knowledge. It's familiarity with the situations Indo-US families actually face:

Parents who gifted property in India that's now generating rent
Inheritance from a relative in India and what to do with it
Returning to India after years in the US — and what changes
Moving to the US for the first time and consolidating Indian accounts
Selling a Property in India and bringing the proceeds to the US
Long-running NRE/NRO accounts that may have been mis-classified

These aren't exceptional cases. They're routine — for us.

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The Streamlined Compliance Conversation

If you've been in the US for years without filing FBAR, or if you didn't report foreign income on past US returns — you're not alone, and you're not necessarily in serious trouble. But the situation does need to be addressed properly.

The IRS Streamlined Filing Compliance Procedures provide a structured way for non-willful taxpayers to come into compliance — often with reduced or no penalties, depending on the facts.

Whether you qualify, and which version of the program applies, depends on your specific situation.

We'll review it confidentially and tell you straight what your options are.

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Our Approach

Indo-US clients usually come in worried. Sometimes scared. Often after a friend mentioned something about FBAR penalties or a recent IRS letter put it on their radar.

We handle these conversations carefully and confidentially.

First, we understand your full picture — both countries, all accounts, all income sources, residency history.

Then we tell you what's actually required, what's reasonable to address now, and what isn't urgent.

Then we do the work.

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Frequently Asked Questions

Do I have to report my Indian bank accounts to the US government?

If the combined balance of your foreign financial accounts exceeded $10,000 USD at any point during the year, FBAR filing is required. There's no income test — the threshold is based on account balances, not interest earned.

I never knew about FBAR. Am I in trouble?

Many people don't know about FBAR until someone tells them. The IRS offers Streamlined Filing Compliance Procedures specifically for taxpayers in this situation — often with reduced or no penalties, depending on the facts. Let's review your case and identify the right path.

Do I have to pay US tax on income earned in India?

US tax residents are taxed on worldwide income — which includes India-source income. But you can usually claim a foreign tax credit for Indian tax already paid on the same income, which prevents most double taxation. The treaty also offers specific benefits we apply where relevant.

I'm an OCI living in the US. What are my US tax obligations?

If you're a US tax resident under the substantial presence test or other rules, your US tax obligations are the same as any other US resident — including worldwide income reporting and FBAR. The OCI status itself doesn't change your US tax treatment.

I want to bring money from India to the US. How does that work?

Repatriation involves Indian RBI rules, documentation (such as Form 15CA/15CB in some cases), and proper reporting in the US. The mechanics depend on the source of funds and the amount. We help structure it properly.

Can you file my Indian tax return as well?

Yes. We handle India tax return filing for clients with India-source income, and coordinate it with their US filings.

What is the difference between NRE, NRO, and FCNR accounts?

These are different types of Indian bank accounts for NRIs, each with different tax treatment and repatriation rules. The right account type depends on the source of funds and how you plan to use them. We help clients understand and structure these properly.

Do you work with clients across the US?

Yes. Although we're based in New Jersey, the majority of our Indo-US work is done remotely — clients in California, Texas, New York, Washington, and elsewhere. Location doesn't limit this work.

Is this conversation confidential, especially if I have unreported items?

Yes. Initial consultations are fully confidential. We need to understand the full picture to advise properly, and our role is to help you become compliant — not to escalate anything.

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Cross-border tax complexity handled with total clarity.

If your tax life crosses borders — and the current arrangement isn't quite working — let's talk. No commitment. Just an honest assessment of where you stand and what makes sense to do next.

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