Down payment amounts above $19,000 and received as a gift must be reported on a gift tax return by the person making the gift—not the beneficiary. But that doesn't mean the donor will pay taxes. "The ...

Internal Revenue Service recently issued final regulations (final regs) imposing a tax on U.S. citizens, residents and ...

I am confident you can answer my question and direct me to where to get the form I need. I would like to get a mail-in form for my 2024 taxes, but cannot seem to find Form 1040 SR. It’s the only form ...

Owning real estate property overseas can be a great investment. U.S. cross-border tax planning and fully understanding U.S.

Don’t wait for the tax season to be in full swing—start working on your U.S. expat tax return now and get a head start.

If you earn income through payment apps, it's a good idea to set up separate PayPal, Cash App or Venmo accounts for your ...

How much money can I give to my son and daughter-in-law without incurring a tax issue with the IRS? -Irwin For 2023, you can give your son and daughter-in-law each $17,000 without having to deal with ...

Media companies say the matter of forcing tech platforms to either pay for news content or face new taxes is too important to ...

Money Makeover: our reader is concerned his personal sacrifices aren’t enough to shield his wealth ...

Plus: First-time filers, tax refund checks, new tax-related scams, IRS job rescissions, federal estate taxes, tax filing deadlines, industry updates, and more.