The IRS has been closely examining the accurate and timely reporting of foreign gifts and distributions to and from foreign trusts. As part of this effort, the Large Business and International ...
Forbes contributors publish independent expert analyses and insights. Admitted NY Bar and US Tax Court, covers US international tax law. The IRS Commissioner Danny Werfel announced some good news for ...
A view of an IRS 1040 Tax Form on a Laptop computer screen being prepared for an electronic filing. The 2023 tax filing season is in full swing. Taxpayers and tax preparers are currently meeting to ...
United States citizens and residents are often not aware of the myriad of foreign information return filing obligations that exist under federal tax laws. For example, buried within the Code are ...
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