As the 2025 tax season approaches, taxpayers should brace for new developments and potential challenges. While timely refunds ...

The IRS has officially kicked off the 2025 tax season, preparing to process over 140 million individual tax returns by the ...

Taxpayers will receive a 1099-K from payment card companies, payment apps and online marketplaces when transactions during ...

If you have a mortgage, you'll probably receive an IRS Form 1098 in the mail. Your mortgage lender is required to use this form if you paid more than $600 in mortgage interest last year. The form also ...

Often, these plans require a litany of various U.S. reporting forms, including the FBAR, IRS Form 8938, IRS Form 3520, and IRS Form 3520-A. Which form applies, if at all, is not always clear.

Admitted NY Bar and US Tax Court, covers US international tax ... Additionally, the Foreign Account Tax Compliance Act (FATCA) requires filing IRS Form 8938, "Statement of Specified Foreign ...