U.S. filing requirements mean you may also need to file tax forms and returns if you’ve bought, inherited, been gifted, or otherwise acquired assets outside of the U.S. We all know that tax season ...

U.S. persons who invest in foreign activities often have U.S. reporting obligations. A common international reporting requirement for many U.S. persons is IRS Form 5471, Information Return of U.S.

The Internal Revenue Service has begun sending notices to high-income taxpayers who haven't been filing tax returns since 2017. The initiative is starting this week with IRS compliance letters being ...

As we inch toward the final tax filing deadline of April 15, millions of Americans are feeling the stress that comes with filling out the complex forms and the potential of owing money to the Internal ...