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How to Become a Financially Literate NRI in the US?

How to Become a Financially Literate NRI in the US? To become financially literate means to be able to manage your money efficiently. It is basically the ability to clearly understand the concept of how money is made, how it is managed and invested, how it is spent economically. Precisely, financial literacy is the skill [...]

2019-09-18T11:46:03+00:00September 13, 2019|income tax, tax savings, taxes, Taxtips|0 Comments

Save money by knowing your Tax Benefits for your Dependents

Save money by knowing your Tax Benefits for your Dependents If you are a citizen in the US or you are paying tax in the US, you can be able to save a lot of money by claiming dependents on your payable taxes. If you are having children and other qualifying dependents that can be [...]

The Top #5 Tax saving tips from your new job as an NRI in the US

The Top #5 Tax saving tips from your new job as an NRI in the US If you are an NRI working in the US, you will need to pay taxes in US and you will be considered as a Resident alien with respect to tax purposes in US. You will be liable to pay [...]

Top 7 tips for Self Employed NRIs in the US

Top 7 tips for Self Employed NRIs in the US The person sitting next to you on your flight could be running a small-scale successful business. Working parents now choose to work from home more often than not. The changes in the landscape of career options have been vast over the past few years. Thus, [...]

Top 5 Tips to build your Retirement Corpus from your Tax Refunds

Top 5 Tips to build your Retirement Corpus from your Tax Refunds Should I start investing for my retirement? When is the right time to start my retirement planning? These are some of the questions that a lot of us ponder over. And in the process of just thinking and not acting, we miss out [...]

3 tax tips for second homeowners for NRIs in the US

3 tax tips for second homeowners for NRIs in the US Buying a second home is a big decision and requires a lot of efforts on your end. It could well be that you already have a home and are planning for a holiday home or a weekend getaway or just for investment.However, amidst all [...]

How AOTAX helps you get the best Tax Refunds in 2019?

How AOTAX helps you get the best Tax Refunds in 2019? Hoping to pay minimal taxes is no crime. Afterall, why should you pay more taxes than you owe to Uncle Sam? If due to some reasons you have overpaid your taxes, tax refunds will help you get the amount back. There are several ways [...]

How to save taxes in 3 ways this summer?

How to save taxes in 3 ways this summer? We are surrounded with a few mundane tasks that we must carry out, irrespective of we like them or not. Tax planning is a prime example of the same.  though it is mundane and even borderline boring, it must be done. However, there is an upside [...]

End of the year Tax Compliance for NRI’s in the US

End of the year Tax Compliance for NRI’s in the US Tax compliance it is no secret, that a considerable number of Indians move out to other countries in the search of better opportunities. This obviously means that they are now liable to pay taxes in the new country that they have moved in to. [...]

NRI with Green Card in the US, what not to forget while filing your taxes this year

NRI with Green Card in the US, what not to forget while filing your taxes this year The income tax system that currently in motion in the United States of America, requires corporation, trusts, estates and individuals to pay taxes. If you are an NRI, you must also pay taxes to Uncle Sam. Irrespective of [...]