Welcome To The AO Tax Blog

/Blog/

Things to take care of, when you visit India for your annual vacation this summer

  Things to take care of, when you visit India for your annual vacation this summer Non-Resident Indians living away from motherland usually plan their trip or vacation to India during winter as they could celebrate some of the popular festivals with family. Many NRIs also plan their vacation in summer as spring is the [...]

Understanding Tax Bracket for Tax Filing in 2019 for NR in the US

Understanding Tax Bracket for Tax Filing in 2019 for NR in the US The tax filing season for 2018 is just around the corner. However, the IRS has just released the updated tax brackets adjusted with inflation for 2019. If you are in the middle of tax filing for 2018, it is better to finish the same [...]

2019-03-26T13:28:46+00:00March 30, 2019|Tax Planning, Tax Preparation|0 Comments

Top #10 reasons to file your taxes every year

Top #10 reasons to file your taxes every year It is a common tendency for all of you to wait until April to file your taxes. While it is all fine as long as you file taxes, the earlier you do the better it is. Gone are the days when filing taxes was a difficult [...]

2019-03-26T15:41:52+00:00March 23, 2019|Tax Planning, Tax Preparation|0 Comments

How is the Rental Income from Foreign Country taxes in US

How is the Rental Income from Foreign Country taxes in the US? The possibility is quite high that you might decide to invest in a home or other property type while staying in the USA. The tax implications of such earnings vary from country to country. For instance, a foreign country taxes have a minimum threshold [...]

2019-03-26T16:42:38+00:00March 20, 2019|Tax Planning, Tax Preparation|0 Comments

The top 10 Tax Tips for 2019 for NRI investors

The top 10 Tax Tips for 2019 for NRI investors While it is no secret that resident Indians have to pay taxes for a fiscal year. However,  all NRI  investors must also pay taxes for a fiscal year if applicable. Irrespective of whether they earned the money directly or indirectly, if they are liable, they [...]

2019-03-26T16:03:19+00:00March 20, 2019|Tax Extension, Tax Planning|0 Comments

5 Tax Benefits you should claim if you OWN A VEHICLE

5 Tax Benefits you should claim if you OWN A VEHICLE Tax Benefits of vehicle and driving are imperative for Americans to get to their workplaces. You own a vehicle, then you must be aware of the tax deductions and write-offs you can do at the time of filing for tax returns. When you own [...]

2019-03-26T15:56:02+00:00March 18, 2019|Tax Planning, Tax Preparation|0 Comments

How is the Interest Income from NRE and NRO accounts taxed in US?

How is the Interest Income from NRE and NRO accounts taxed in the US? For NRIs who have shifted to the United States of America, there are usually two options when it comes to keeping their bank accounts active. They can either convert them into NRE or NRO accounts. Needless to say, your money in [...]

Haven’t filed taxes in the last 10 years? Start today

Haven't filed taxes in the last 10 years? Start today There can be a myriad of reasons why one hasn’t filed taxes. One could have forgotten to file their taxes, there was a death in the family which caused the delay, or you were seriously ill. Irrespective of what the reasons were, it is never [...]

2019-03-26T15:17:18+00:00March 14, 2019|Tax Planning, Tax Preparation|0 Comments

5 Tax Benefits you should claim if you use ENERGY SAVING EQUIPMENT

5 Tax Benefits you should claim if you use ENERGY SAVING EQUIPMENT U.S Tax benefits for the second largest single consumer of energy in the world and about half of the total energy consumed in the U.S is used by the residential sectors which include apartments, independent houses, dormitories etc. Under the Energy Star program [...]

2019-03-26T16:18:57+00:00March 14, 2019|Tax Planning, Tax Preparation|0 Comments

5 Things that a COUPLE be mindful of when FILING TAXES

5 Things that a COUPLE be mindful of when FILING TAXES? The decision to marry someone usually revolves around love and compatibility. Finance is an aspect that we don’t know usually bring into the equation. However, Filing Taxes is an aspect that ought to get additional attention, since it comes with tax implications. You can [...]

2019-03-27T14:23:03+00:00March 13, 2019|Tax Planning, Tax Preparation|0 Comments