Ines Zemelman

Certain US persons must file Form 8858 for each reportable foreign disregarded entity or foreign branch they own or operate. Missing required Section 6038 information can start with a $10,000 penalty per form per year an...

A US tax treaty is a bilateral agreement between the US and a foreign country that reduces or eliminates double taxation on cross-border income. The IRS currently lists ...

US citizens and green card holders owe federal income tax on worldwide income regardless of where they live or work. That includes freelance payments from foreign clients, remote salaries from US employers, and any other ...

An urgent IRS-looking email, letter, text, or call is not automatically real just because it uses the IRS logo, a payment deadline, or a tax year such as 2025. In 2026, the IRS says ...

Passive foreign investment companies (PFICs) are foreign corporations subject to complex US tax rules that can lead to high tax rates, interest charges, and strict reporting obligations. US investors holding shares in fo...

US citizens and green card holders generally report worldwide gambling and lottery winnings on the US return, including prizes won abroad. Foreign nationals are generally taxed by the US only on US-source winnings, with a...