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US Tax Preparers in India

US Federal and State Income Tax filling for Businesses

A three-level direct taxation system is followed in the US, which is Federal, State and Local. Federal and in most cases the state tax is levied on the net income but they both widely vary in terms of tax rates, taxation mechanism, deductions granted, kind of income taxed and tax credit allowed.


Not to mention, even amongst states taxation systems vary to a great degree, some states have proportional tax while some states have a progressive tax system. Some states don’t have income tax at all like Florida, Nevada etc, while some tax only investments, interest and dividends like New Hampshire and Tennessee while other tax 13.8% of your annual income like New York.

Things to Consider while Filing Taxes

Both, income tax and business tax are subject to hundreds of regulations and variables. To list a few:


    • Tax Cuts and Jobs Act and Tax Accounting Rules.
    • What expenses to deduct?
    • What is the limit of deduction of that particular expense?
    • How much state tax can be deducted from federal tax?
    • Whether to claim the standard deduction or itemize the deduction?
    • Will the mortgage of the commercial property get deducted?
    • Ascertaining the tax bracket on the basis of your total income from profession/occupation, estate, investments, capital gains, etc?


And these are the least intricate one and not even a quarter of all the variables involved. On top of all this, you also need to be smart in filing your taxes with legitimate tactics and man oeuvre expenditure accordingly so that you can save every penny, which is rightfully yours.

Federal Tax Rates

The marginal tax rate varies from 10% to 37% of taxable income.  After 2018 amendments in Tax Cuts and Job Act, we now have seven marginal tax brackets on the federal level, that is, 10%, 12%, 22%, 24%, 32%, 35%, and 37%.

State Tax Rates

State and local tax rates vary by jurisdiction, ranging from 0% to 13.30% of income, and many are graduated. In the US, the State Tax is either proportional or progressive. Below mentioned are the 9 states that have proportional tax system:


    • Colorado (4.63%)
    • Illinois (4.95%)
    • Indiana (3.23%)
    • Kentucky (5%)
    • Massachusetts (5.05%)
    • Michigan (4.25%)
    • North Carolina (5.25%)
    • Pennsylvania (3.07%)
    • Utah (4.95%)


Rest, all the states have a progressive tax system, that is, the tax increase along with the income. Some states like Hawaii have 12 tax brackets while Kansas and Rhode Island have only 3 tax brackets, thus, as we mentioned at the very outset, state tax heavily varies from state to state.

USAIndiaCFO Advantage

With 8+ years of experience in handling complex tax situations, we are a leading team of US tax preparers in India. We provide comprehensive services that cover tax planning, documentation, and filing tax returns. Our team’s expertise and commitment to providing quality services have earned us the trust of clients who rely on us to handle their US tax issues efficiently. and below are some types of tax returns we have often dealt with:


    • Corporate Tax Returns
    • Partnership Tax Returns
    • S-Corp Returns
    • Trust Returns


We have an international clientele comprising of 6500+ High Net Worth Individuals (HNWIs), startups and incumbent businesses. To know more about how we can implement our optimum and innovative solutions in your organization give us a call on +91 9828280505 (also available on WhatsApp) or drop us an email containing your business requirements at We guarantee to respond within 2 hours and help you with your needs. Don’t hesitate to reach out!

We do your Federal and State Tax Filings in the US, along with providing a range of other services to take full accountability as the virtual CFO to your business.


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Taxes in the US are typically filed using the IRS Form 1040 or its variations, such as 1040A or 1040EZ. Gather your income and deduction information, fill out the form accurately, and submit it electronically or by mail. Need expert assistance?

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In the USA, individuals who meet certain income thresholds are required to file an income tax return. This includes citizens, residents, and non-residents with income from US sources. Unsure about your filing obligations?

Reach out to USAIndiaCFO, your trusted financial advisor, for personalized assistance and maximize your tax benefits today!

To file taxes in the USA, you'll need your Social Security Number, income statements (W-2, 1099, etc.), expense records, and relevant deductions. Don't stress about tax season! Let USAIndiaCFO handle your tax filing needs. Contact us today for expert assistance and maximize your returns!

Income tax return in the US is a process where individuals report their earnings and deductions to determine their tax liability. It involves filing forms, calculating taxes owed or refunds due, and submitting them to the IRS. Confused about tax returns? Seek expert guidance from USAIndiaCFO and stay tax-smart! Contact us now.

In the USA, there are several types of tax returns, including individual income tax returns (Form 1040), business tax returns (Form 1120 for corporations, Form 1065 for partnerships), and employment tax returns (Form 941). Need expert tax assistance? Contact USAIndiaCFO for professional guidance and maximize your returns today!

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