If you have foreign financial accounts and you missed submitting one key form to the IRS, the resulting penalties could be harsh. Wait … it’s June. You thought you were done with your taxes this year.

The Internal Revenue Service (IRS) has extended the deadline for US taxpayers residing abroad, including military personnel on duty outside the US, to file their 2024 federal income tax returns. The ...

The Foreign Account Tax Compliance Act is fundamental as it affects how you report your finances, especially as an expat abroad. FATCA is why you may need to file a Report of Foreign Bank and ...

U.S. filing requirements mean you may also need to file tax forms and returns if you’ve bought, inherited, been gifted, or otherwise acquired assets outside of the U.S. We all know that tax season ...