New IRS educational materials from the 2024 Nationwide Tax Forum cover international tax topics such as proper FBAR and FATCA reporting of foreign income and assets.

Did you know the appeal of an IRS audit is based upon the IRS examination file record of the audit itself? When the IRS ...

Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and benefits available to you to reduce your ...

Being in business for yourself can be exciting, lucrative, and a great way to draw the attention of the IRS's audit division.

"Weaponization" of IRS audits by a US President is a concern held by many. How likely is it? I asked legal experts and IRS ...

Since the unveiling of the Economic Crime and Corporate Transparency Bill [1], Companies House has started the process of introducing tougher ...

If you are starting a business, it is essential that you familiarize yourself with all of the necessary tax forms you will need to file with the IRS and the various taxes you will be required to pay.

Not everyone is required to file taxes, but most Americans must and probably will submit a return. Some will even do so today, the first day the IRS is accepting and processing returns this tax ...

While you are allowed to handle a tax audit on your own, it can be beneficial to hire a tax professional if you're not comfortable navigating the process. A certified public accountant (CPA), enrolled ...

"Further, in Union Budget 2024, India also abolished the 2% equalisation levy, which, being a unilateral action, was a bone of contention for the U.S. Thus, the U.S. pulling out of the global tax deal ...

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BAGUIO CITY, Philippines — The country’s mayors were correct: Local government units (LGUs) have not been getting the ... Also excluded from the National Tax Allotment (NTA) computations ...