The Agriculture Department is weighing updates to its foreign land reporting form with the aim of capturing more information on long-term leases and the impacts of foreign ownership on farmers. USDA ...

Learn what foreign tax credit you should be aware of if you’re a U.S. citizen living abroad, and how to report foreign income with Form 1116. The IRS requires U.S. citizens and U.S. resident aliens, ...

In a transaction involving an acquisition, formation or investment in a U.S. business by a foreign entity, there are a variety of legal, business, financial and operational matters to carefully ...

Forbes contributors publish independent expert analyses and insights. Matthew Roberts is a tax attorney who covers tax litigation and fraud. As the world grows smaller, U.S. citizens and residents ...

The Foreign Account Tax Compliance Act is fundamental as it affects how you report your finances, especially as an expat abroad. FATCA is why you may need to file a Report of Foreign Bank and ...

The American Institute of CPAs sent comment letters to the Internal Revenue Service requesting changes in two forms used to report on foreign trusts, along with more guidance on energy tax credits and ...

In the recent case of Rost v. United States, the Fifth Circuit analyzed whether a foreign entity should be classified as a foreign trust subject to IRS Form 3520 penalties. The case arose in the ...

This form is to disclose for review and approval meetings with foreign government representatives on matters not related to routine functions in the normal course of university business and also all ...

The Internal Revenue Service has decided to stop automatically levying penalties when a taxpayer files a form reporting foreign gifts and inheritance bequests too late and it will start reviewing the ...