February 3rd, 2013 home office, home office deduction, Video by Deepak Sharma

In this short video, Sanjiv Gupta CPA discusses the “Home Office Deduction”. What is considered as Home Office ? Please consider the IRS definition for Home Office. Whether you are self-employed or an employee, if you use a portion of your home for business, you may be able to take a home office deduction.  Here [...]

January 28th, 2013 401k, Video by Deepak Sharma

Are you a W2 or 1099 Contractor and have a 401K Plan in United States ? Are you planning on moving back to India?  Are you wondering what can you do with your 401K plan in case you move back to India.  In this short video segment Sanjiv Gupta CPA will explain how can you [...]

January 28th, 2013 forclousers, short sale, Video by Deepak Sharma

In this video segment Sanjiv Gupta CPA discusses how to office taxes on foreclousers and short Sales.  In the recent economy many people may find getting 1099 for Cancellation of Debt from their bank.  It is important to know how to take advantage of current tax laws and avoid paying tax on such income.

September 27th, 2012 animated video, Video by Deepak Sharma

Animations is an interesting way to communicate your message.  I am hoping our readers would like this small and simple animation clip.   I am thinking about making an animated video of Sanjiv’s “Joke of the Day”. Please do share your thoughts and leave your feedback about the video.

July 15th, 2012 FBAR, Video by Deepak Sharma

American Indians are curious to learn how FBAR impacts their investment in India and Other countries.   Many Indo American tax payers are still unaware of new US regulations and those who do know about FBAR regulations are still wondering of they are required to file FBAR or not.   In a recent interview online Sanjiv Gupta [...]

July 1st, 2012 bank account, nri, nri bank account, Video by Deepak Sharma

There are many options for opening a bank account but all those options are available for NRI.   Many banks in India will allow you to open almost any kind of account but this practice is illegal as per Indian Laws.  Sanjiv Gupta explains various options for NRI wanting to open bank account.  I also [...]

July 1st, 2012 money moving, money transfer, Video by Deepak Sharma

In this small video, certified public account Sanjiv Gupta explains what factors should be considered while sending money to India. How to send money to India ? What kind of reporting is required ? What forms needs to filed ? Get answer to these basics questions from Sanjiv Gupta CPA.   Have a question for [...]

May 20th, 2012 401k, roth ira, Video by Deepak Sharma

Sanjiv Gupta CPA briefly explains the IRA and 401K plans.  He explains how 401K plan can help a small business owner.  He also explains the difference between 401K plan and Roth IRA.  Want to learn which one is better for you ? Watch this 5 minute video to get your quick answer.    

April 3rd, 2012 Video by Deepak Sharma

Sanjiv Gupta CPA discuss solution for companies with employees in different states.  Watch this short video to get your question answers.  Sanjiv discusses how you should deal with IRS and Payroll when you have operations in different states.