Shruti Raja Shruti Raja

Should You Extend Your Tax Return in 2025?

Tax season doesn’t have to be a scramble! If you’re still gathering paperwork or need more time to file, an extension can give you six extra months to get everything in order. This article covers the ins and outs of filing a tax extension, including key deadlines, how to submit Form 4868, and what happens if you owe taxes. Don’t let the ticking clock lead to rushed mistakes—learn how an extension can help you file accurately and avoid unnecessary penalties.

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Shruti Raja Shruti Raja

How to Handle PFIC Compliance: Form 8621 Tips for Foreign ETFs

Navigating U.S. tax rules on Passive Foreign Investment Companies (PFICs) can be daunting, especially for those new to the system. Whether you're a first-time U.S. resident with foreign ETFs, addressing past PFIC compliance, or a dual citizen managing cross-border investments, understanding Form 8621 is crucial. In this article, I break down real-life scenarios, explore compliance options, and offer practical solutions to help you stay on the right side of IRS regulations. From tax implications to strategic investment decisions, this guide provides clarity on how to manage PFICs effectively.

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Shruti Raja Shruti Raja

SaaS Founder FAQs

Discover how to launch and grow a profitable SaaS product with insights on revenue potential, monetization strategies, expenses, and tax considerations from an experienced CPA. Learn common questions early-stage SaaS founders ask and how to navigate the financial side of your business journey.

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Shruti Raja Shruti Raja

First time Home buyer’s Guide to Tax Deductions and Exclusions

Considering buying your first home in the Bay Area? Explore essential factors like mortgage interest deductions, property taxes, and capital gains exclusions. Learn how these financial aspects impact your decision-making process, and discover how a CPA can help you navigate the complexities of homeownership. Make informed choices for your future with our expert insights.

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Shruti Raja Shruti Raja

Year-End Tax Planning Tips - 2024

Whether dealing with business taxes or personal finances, these tips will help navigate the complexities of tax season with confidence. Preparation is key to minimizing liabilities and maximizing tax savings in 2024!

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