Modified adjusted gross income, or MAGI, is a crucial tax term to know if you want to qualify for valuable tax benefits.

To figure that out, you'll have to complete Form 1116 from the IRS. If the tax you paid to the foreign government is higher than your U.S. tax liability, then the maximum foreign tax credit you ...

For American expats, owning rental property abroad is a smart way to diversify and earn extra income. However, if you’re a US ...

Tax filing deadline looms for one group of U.S. taxpayers -- those who are U.S. citizens or resident aliens now working or ...

A discretionary trust is a popular choice among Aussies, especially those with family wealth and businesses. That’s why most ...

All U.S. taxpayers, regardless of where they live, must report worldwide income to the IRS. That includes wages, interest, ...

Miles Zimbaluk, a Realtor® and founder of Canada to USA, has worked with snowbird clients for years, helping Canadians ...

Solar stocks soared last week, with a popular sector ETF doubling the gain in the S&P 500. But fiscal policy and industry ...

If you've decided to purchase an EV or PHEV, act fast—the $7,500 tax credit might go away soonThe Chevrolet Equinox EV ...

Those programs can take the form of cash grants, as in Texas, or tax credits, which Georgia and New Mexico offer ... at University of Michigan DOGE reports lease termination for IRS office in Metro ...

WASHINGTON (AP) — House Republicans want to set aside up to $5 billion a year for scholarships to help families send their ...

Undocumented immigrants must file U.S. taxes and may qualify for refunds. This guide explains how to obtain an ITIN, file ...