Disclosure is a type of extra explanation. You are required to disclose enough detail to tell the IRS what you are doing. But ...

Immigrants and wealthy universities, as well as foreign companies, would see higher taxes under the House-passed bill.

Billy Long, President Donald Trump’s nominee to lead the IRS, answered Senate Finance Committee questions on Tuesday. Here’s ...

Former Rep. Billy Long’s (R-Mo.) nomination to lead the IRS has been met with concerns from senators due to his acceptance of ...

The election of Pope Leo XIV, a U.S. expat, serves as a timely reminder for all Americans overseas to ensure they're compliant with worldwide income and asset reporting.

Many moons ago, I got a call from a bank with a problem. For two decades—yes, twenty years—they had failed to include bonuses as part of ...

The interest and penalties will also compound over time, so even a modest tax debt can quickly turn into an overwhelming ...