A foreign tax redetermination may require taxpayers under Large Business and International Division examination to notify the ...

Tax day is just around the corner for US citizens - and those living in Germany will want to file here first. Here are the ...

The foreign tax credit can help mitigate the impact of the alternative minimum tax (AMT) for taxpayers with income taxed abroad. While the AMT limits certain deductions and credits, it does allow ...

A Tenth Circuit judge expressed wariness Monday of Liberty Global Inc.'s arguments for revival of its disallowed foreign tax ...

Retirement isn’t just a big milestone in your personal and professional life – it’s also a major shift in your tax situation.

Pune ruled that while Form 67 was filed late, it was available with CPC at the time of processing the return. The tribunal held that filing Form 67 within the due date is a procedural requirement ...

Tax season is around the corner, and Americans in France may be wondering which they should file first - the US return or the ...

The Income Tax Appellate Tribunal (ITAT) Pune ruled in favor of Preeti Das, allowing her Foreign Tax Credit (FTC) claim despite the late filing of Fo ...

If you've moved abroad, there's always one thing that brings you back home: taxes. Americans are subject to US taxes no ...

With the financial year-end approaching, taxpayers must meet a few important income tax deadlines to avoid penalties and ...

As the financial year 2024-25 concludes, taxpayers face critical tax-related deadlines today, March 31, to avoid penalties ...

How to Use the Foreign Tax Credit to Offset AMT Imagine you are a single filer earning $350,000, including $75,000 from foreign sources. Under regular tax rules, your taxable income after ...