The IRS still uses seven tax brackets: 10%, 12%, 22%, 24%, 32%, 35%, and 37%. However, the income ranges tied to each bracket ...

Today's global workers and their employers are at risk of triggering US tax and compliance obligations. The stakes are high for CPAs serving global ...

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 ...

The Department is flagging possible non-disclosure of foreign assets for AY 2025-26 using global data. The key takeaway is ...

President Donald Trump speaks during an "Invest in America" roundtable with business leaders at the White House, Monday, June 9, 2025, in Washington. (AP Photo/Evan Vucci) WASHINGTON (AP) — President ...

The Income Tax Department is alerting taxpayers about foreign assets and income. Income earned from abroad requires reporting ...

Taxpayers must disclose foreign assets and income in revised ITR by December 31. Failure to report can lead to penalties.

Navigating the international tax market is complex, especially for pension fund finance teams who may not be tax experts in all investment jurisdictions. The extreme complexity and volume of tax ...

Failure by an ROR to disclose, or incorrect disclosure of, foreign income and/or assets may attract these tax and penalty ...

Donald Trump says a recently agreed global minimum corporation tax scheme unfairly gave the OECD power over US policy - Saul Loeb/AFP Donald Trump has threatened to double taxes on foreign nationals ...

Forbes contributors publish independent expert analyses and insights. Ryan Finley writes about transfer pricing and international tax. Silhouette two men pulling dollar sign on hill with blue sky on ...