IRS Publication 523 allows taxpayers to exclude up to 500,000 of gain if ownership and residence tests are met. The article explains eligibility, exceptions, and reporting requirements under U.S. tax ...
Many U.S. retirees abroad legally owe $0 in federal taxes by leveraging tax rules, exclusions, and international incentives.
Foreign trust reporting (IRC §6048; §6677) US persons who create, transfer property to, or receive distributions from foreign trusts must report under Form 3520. Foreign trusts with US owners may ...
My mother suffers from dementia. She previously owned her home outright, although she no longer owns it because my sister ...
The Bertone Runabout is now ready for production over half a century after it was officially unveiled as a "dream car" at the Turin Motor Show ...
New IRS refund rules, tax credit delays, 1099-K updates and a $1,776 ruling could affect your 2026 tax return. Here’s what to ...
Tax season is underway and you have until April 15 to file your return with the IRS.
Crypto investors can expect to receive a new tax form this year from exchanges such as Coinbase and Robinhood.
The IRS issues most refunds in less than 21 days, if your return is accurate and complete, according to the IRS. Opt for ...
Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Incorrect IRS Forms 1099 are a worry, since Forms 1099 generally ...
Accrual, a tax prep and review platform for firms that launched today with $75 million in funding, supports every federal and state tax form, as well as the unstructured data to fill it, according to ...