Success Story

Industry We Work with

Rectifying Non-Compliant U.S. Entity Setup for an Indian Entrepreneur

Business Type: Indian-owned U.S. Registered Company
Challenge: Incorrect Incorporation and Non-Compliance Leading to Severe Tax Penalty

Situation
An Indian entrepreneur registered their U.S.-based company through a third-party service provider in India, who lacked a physical presence or legal expertise in the U.S. market. Trusting this intermediary, the client proceeded without fully understanding the legal and financial compliance requirements applicable to U.S. entities.

Soon after incorporation, the company received an unexpected and significant tax notice from U.S. authorities, with dues far exceeding their actual revenue. The root cause: improper documentation, missing IRS submissions, and incorrect entity classification — all of which led to non-compliance with U.S. federal and state tax laws. The business owner, unaware of these intricacies, found themself in a precarious legal and financial position. with potential liabilities that could have jeopardised their entire business.

Solution
Upon being approached, Indam Advisors immediately took charge of the situation with urgency and precision. Our team conducted a detailed audit of the client’s existing business setup, legal filings, and correspondence with U.S. tax authorities.

Solution
When the client approached Indam Advisors, our team swiftly conducted a comprehensive review of all the filings, IRS notices, and submitted documentation. Upon careful investigation, we identified that the issue stemmed from missing and incorrectly formatted data in key compliance forms, which triggered an automatic penalty due to perceived non-compliance.

Industry We Work with

Resolving a $10,000 Compliance Notice Due to Incomplete U.S. Filing

Business Type: Indian Entrepreneur Operating a U.S.-Registered Entity
Challenge: Incomplete CPA Filing Leading to Heavy IRS Penalty

Situation
An Indian entrepreneur registered a business entity in the U.S. using an online service provider in collaboration with a company based in India. The Indian firm claimed to provide Certified Public Accountant (CPA) assistance from the U.S., but unfortunately lacked proper oversight and expertise in handling U.S. regulatory filings.
Crucial data was either inaccurately entered or entirely missed during the compliance submissions. As a result, the client received a compliance notice with a penalty of $10,000 from the IRS. Confused and overwhelmed, the client was unsure how to respond to the
notice and feared the consequences this could have on their U.S. business operations.

Result
Thanks to our strategic and detail-oriented intervention:

The $10,000 penalty was significantly reduced (depending on negotiation outcomes)
The client’s entity was brought back into full compliance

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