IRS Publication 523 allows taxpayers to exclude up to 500,000 of gain if ownership and residence tests are met. The article explains eligibility, exceptions, and reporting requirements under U.S. tax ...

Explains why U.S. citizens and resident aliens must report global income and how exclusions apply. The key takeaway is that living abroad does not remove U.S. filing ...

Both chambers of the Georgia General Assembly are taking on one of the top taxes state residents pay - property tax.

Foreign trust reporting (IRC §6048; §6677) US persons who create, transfer property to, or receive distributions from foreign trusts must report under Form 3520. Foreign trusts with US owners may ...

C&I generated adjusted net income of $795 million for the full year of 2025, compared to $587 million in the prior year. Adjusted earnings per diluted share were $6.66 for the full year of 2025, ...

IRS tax refunds for deceased loved ones can take over a year to process, causing financial strain for heirs. Here's why and ...

Tax refunds are expected to be big this year. Learn what the fastest and safest way is to get yours and how to track it.

As tax season kicks off, families with minor children can now register for Trump accounts. To open the account, an election must be made on IRS Form 4547. Form 4547 can be filed separately or with ...

Taxpayers who cannot meet the April 15 deadline can request an automatic six-month extension by submitting Form 4868 to the IRS.

Believe it or not, it's possible to prepare and file your income taxes without spending a dime. We've reviewed the leading online tax services to help you find the top free options.

As taxpayers gear up to file their 2025 returns, questions about Internal Revenue Service (IRS) tax relief options are likely to start surging. After all, there are a lot of economic hardships looming ...

Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Lea Uradu, J.D., is a Maryland state ...