The IRS has announced a crucial deadline for U.S. citizens and resident aliens living abroad. These taxpayers must file their 2024 federal income tax returns and settle any outstanding taxes by June ...

After slashing foreign assistance and introducing steep tariffs, the Trump administration is proposing a new tax on ...

The Republican-controlled House has passed a sweeping multi-trillion-dollar spending and tax package, advancing President ...

The IRS issued a reminder on the deadline for taxpayers living and working abroad to file their 2024 federal income tax return, and pay any tax due, by June 16.

The Internal Revenue Service taxes foreign currencies at their value in dollars, which can create recordkeeping and exchange challenges. You may have to pay taxes on gains if you make a profit on ...

When you are a United States citizen and conduct business abroad, the taxes you pay to a foreign country are tax deductible on your federal income taxes. How you handle reporting the expense ...

The IRS’s extended June 16 deadline gives you a little more time to prepare and file your return, along with any applicable ...

T ariffs particularly enthuse Donald Trump because foreigners pay them—at least as he sees it—and merely threatening them is ...