Schedule FA (Foreign Assets) in the ITR form is primarily meant for reporting foreign assets, and Schedule FSI (Foreign Source Income) is meant for reporting income from foreign sources.

The decisions you make before leaving can shape your financial stability, tax compliance and access to essential services abroad.

From crypto coins to bibles, overseas development deals to an upcoming line of cellphones, President Donald Trump's family ...

UK Cabinet Office Minister Pat McFadden has called for election officials to consider banning political donations made in digital currencies.

U.S. Secretary of State Marco Rubio instructed U.S. diplomats worldwide not to comment on the fairness or integrity of ...

Foreign holdings of U.S. Treasuries increased in May to top $9 trillion for a third straight month, data from the Treasury Department showed on Thursday, with buyers, other than China, flocking back ...

In recent months, the IRS has revised a public announcement and issued a practice unit on IRS Form 3520-A reporting and ...

Foreign trust reporting obligations can apply to a domestic trust established even within the US and the recent regulations make compliance more difficult.

AI Lack of IRS transparency on AI jeopardizes public trust, advisory panel says The agency has lost more than 25% of its workforce since the beginning of the Trump administration, per the Taxpayer ...