Taxpayers were not entitled to deduct payments made related to out-of-state businesses as business expenses or losses, held the U.S. Tax Court, sustaining the IRS’s determinations of tax and additions ...
Living outside the U.S. doesn't exempt you from filing taxes. Here's what you need to know about filing taxes from abroad, ...
Many of our clients are interested in engaging in global philanthropy. These individuals often want to benefit charitable causes outside of the ...
On January 17, 2025, news sources reported that Republican members of Congress circulated a detailed list of legislative ...
The new Income Tax Bill will replace the Income Tax Act. However, not many people are able to understand how the new tax bill ...
You get two more months to file the tax return if you work outside USA or serve in military or naval service on duty outside the country. However, this does not mean that you get two more months to ...
Multifarious Key Taxation Laws and Rules: The Indian taxation system is governed mainly under the Income Tax Act, 1961, with relevant sections being: Section 4: General Taxability. Section 90: ...
Low-income tax filers and families should especially take a close look at tax credits while they file their tax returns. The ...
Owning real estate property overseas can be a great investment. U.S. cross-border tax planning and fully understanding U.S.
Don’t wait for the tax season to be in full swing—start working on your U.S. expat tax return now and get a head start.
Budget 2025 announcements included reforms related to income tax, TDS, tax on second housing property, crypto investent, etc.
If you think you need to file a return this year, maybe for the first time, you're likely wondering where to start.