Andrew Coleman

IRC 245A gives certain US corporations a 100% deduction for the foreign-source portion of qualifying dividends from 10%-owned foreign corporations. For 2025 returns filed in 2026, the core statute is unchanged, but current cases and proposed rules affect how limits are analyzed. This IRC 245A explained guide focuses on the 202...

What is a covered expatriate? A covered expatriate is a US citizen or long-term resident who relinquishes status and meets at least 1 of 3 IRS tests – net worth, average annual tax liability, or five-year tax compliance certification – making them subject to Section 877A exit-tax rules. For a 2025 expatriati...

For Americans abroad filing 2025 returns in 2026, the best ...

For the FBAR exchange rate, you use the ...

If you hold cryptocurrency on a foreign exchange, the answer changes depending on how the account is structured and what FinCEN has finalized. As of the 2026 filing season, a foreign account holding only virtual currency...

US citizens married to foreign spouses have three filing options – and choosing the wrong one can mean paying more tax than necessary or pulling a spouse's worldwide income onto a US return unnecessarily. ...