On July 4, President Donald Trump signed into law the One Big Beautiful Bill Act (OBBBA). This alert summarizes the key changes under the ...

Transitioning the Trust to its own EIN led to a significant tax increase, prompting a full portfolio and tax strategy review.

A dynasty trust is an irrevocable trust that's designed to preserve family wealth across generations. Learn about its ...

More Americans are eyeing retirement abroad. But is the lower cost of living worth the legal and logistical difficulties? Here's how to decide if it’s right for you.

The IRS streamlines business tax audits with new rules that phase out slow processes and expand settlement options, starting ...

Resident Indians classified as “Resident and Ordinarily Resident” (ROR) are required to disclose all foreign assets, including mutual funds, shares, and overseas bank accounts, under Schedule FA of ...

Microsoft says it will no longer use China-based engineers to support the Pentagon. But ProPublica found that the tech giant ...

The IRS settled with a businessman whom the agency pursued for $11.6 million in penalties for failure to report a foreign bank account, a dispute the taxpayer chalked up to a language barrier.

Talks between Iranian and European diplomats in Istanbul have ended with the sides agreeing to meet again to seek to unpick the deadlock over Tehran’s nuclear program. Representatives from ...

As an American living abroad, you may have experienced firsthand the challenges of finding a financial institution willing to ...

Originally due on July 31, 2025, the date for filing the income tax return has been extended to September 15, 2025. According ...

If you are wondering about the tax implications of money you receive in an inheritance, you may benefit from an IRS tool that can help answer some of your questions. The tool will only go so far-- you ...