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The United States Internal Revenue Service (IRS) does not recognize cryptocurrency as currency for federal income tax reporting purposes....

The reporting requirements for IRS Form 5471 are complex, including "categories of documents" and required timeframes. However, few...

In 2018, the U.S. Supreme Court issued a landmark decision that changed the U.S. sales tax landscape for Canadian businesses selling in...

John Richardson: Hello this is John Richardson speaking with you from Toronto Canada. today is December the 14th 2021 and well 2021 is...

Let's talk about the security of your tax-related financial documents while living abroad. It will be very helpful for you if you are...

Today we will cover everything you need to know about converting foreign currency to USD on your U.S. expat tax return. This is an...

There was a time when Americans went abroad to work, study, marry or retire – they paid little attention to expat tax documents or how to...

We look at the reasons to read "US Taxes for Worldly Americans" and discuss other great expat tax resources for Americans moving abroad....

Taxes can be a confusing subject especially if you are a US expat. Unlike all the other countries (with exception of Eritrea), the United...

As the pandemic continues to be a hard time for many, the IRS is extending the Tax Day deadline to help taxpayers in this unprecedented...

The gambler calls his tax attorney, and they go to see the IRS agent. As they are waiting in the office, the IRS agent looks over his...