Late FBAR Filing Penalties Explained
Late FBAR filing can trigger penalties of up to $10,000 per year for non-willful violations and up to $100,000 or 50% of the account balance for willful violations. Learn who must file, penalty differences, and how to reduce risks.
Resident vs Non-Resident Alien: What NRIs in the USA Need to Know
Resident vs Non-Resident Alien tax status can change how you file your U.S. taxes. Learn how the Substantial Presence Test, Green Card rules, Form 1040 vs 1040-NR, FBAR, and FATCA reporting apply to Indians in the USA.
