Many taxpayers revising their Income Tax Returns this year are hitting an unexpected snag. Details of foreign assets or ...

If you’re a United States citizen working in another country, chances are you’ll still have to file a federal income tax return. You may even have to pay taxes on your earnings. Needless to say, ...

The Income Tax department has warned taxpayers who have not disclosed their foreign income and overseas assets to revise ...

Many taxpayers face issues with missing foreign asset and income details in revised Income Tax Returns. If a taxpayer has any ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Janet Berry-Johnson is a CPA with 10 years of experience in public accounting and writes ...

Explains the tax treatment and mandatory ITR disclosures for foreign ESOPs, highlighting the need to report shares annually and avoid ...

The CBDT has launched the second NUDGE campaign, contacting taxpayers who have not disclosed foreign income or assets, and ...

ITAT upheld deletion of ₹3.31 crore addition under Section 69, noting full disclosure of foreign assets and sufficient income. Revenue cannot levy additions where investments are legitimate and ...

Forbes contributors publish independent expert analyses and insights. Admitted NY Bar and US Tax Court, covers US international tax law. While an American may feel a mix of joy and sorrow when ...

Forbes contributors publish independent expert analyses and insights. Admitted NY Bar and US Tax Court, covers US international tax law. Foreign investments can be a minefield for American investors ...