The United States along with over 70 other countries has adhered to the Joint Statement on the OECD’s Crypto-Asset Reporting Framework, “CARF”. CARF is the digital-asset counterpart to the Common ...

Forbes contributors publish independent expert analyses and insights. Matthew Roberts is a tax attorney who covers tax litigation and fraud. In recent months, the IRS has revised a public announcement ...

The IRS still uses seven tax brackets: 10%, 12%, 22%, 24%, 32%, 35%, and 37%. However, the income ranges tied to each bracket ...

Forbes contributors publish independent expert analyses and insights. Matthew Roberts is a tax attorney who covers tax litigation and fraud. Generally, the IRS has three years to select an income tax ...

The US Tax Court again turned away arguments that a recent US Supreme Court ruling requires a jury trial before the IRS can assess penalties for unreported foreign bank accounts.

Living abroad gives Americans access to global investing opportunities, but not all investments are equal in the eyes of the IRS. One of the biggest traps for U.S. expats is passive foreign investment ...

Nathalie Goldstein, MyExpatTaxes' CEO, helps Americans stay tax-compliant while living abroad with her user-friendly US expat tax software. For many Americans, the urge to retire abroad has never been ...

Forbes contributors publish independent expert analyses and insights. Admitted NY Bar and US Tax Court, covers US international tax law. U.S. taxpayers face major risks if a loan to a corporation ...