Extension of Time to File Federal Tax Return for Individuals: Form 4868
If an individual taxpayer cannot file his tax return by the due date of the return, the IRS allows most of such taxpayers to [...]
Preparing Individual Tax Returns: Top Five Errors
Before filing your tax return, you should review it to make sure it is correct and complete. Here are the five most common errors [...]
Tax Treaties
Tax treaties are bilateral agreements between two countries that generally provide relief from taxation for individuals who are covered. The U.S. has tax treaties [...]
Sourcing of Income
The sourcing of income has very important tax consequences for U.S. and foreign taxpayers. The IRS taxes U.S. taxpayers on all income, from any [...]
Mortgage Debt Forgiveness Tax Relief: Basic Facts
Normally, debt forgiveness results in taxable income. However, under the Mortgage Forgiveness Debt Relief Act of 2007, you may be able to exclude up [...]