IRS Form 13614-NR in 2025: New Questions on Tax Treaty Benefits and Foreign Residency Declarations

4 weeks ago

For the 2025 tax year, the IRS has updated Form 13614-NR, the intake and interview sheet used by Volunteer Income…

IRS Form 7004 in 2025: No Major Changes—Standard Extensions Still Apply for Forms 1065, 1120, and 1120-S

4 weeks ago

Form 7004, officially titled the “Application for Automatic Extension of Time to File Certain Business Income Tax, Information, and Other…

IRS Form 1042-S and 2025 Guidance Update: New Rules Around Payments to Qualified Derivative Dealers (QDDs)

4 weeks ago

IRS Form 1042-S is used by withholding agents to report income subject to withholding tax paid to foreign persons, including…

IRS Form 1040-C and the 2025 Revisions: Expatriation and the 8-Year Treaty Residency Requirement Explained

4 weeks ago

Form 1040-C, also known as the “U.S. Departing Alien Income Tax Return,” is a crucial filing requirement for nonresident aliens…

Form 1040 for Gig Workers: Higher Standard Mileage Rate Benefits for 2025 & 2026

4 weeks ago

As the gig economy continues to grow, more individuals are turning to self-employment through driving, delivery, freelance services, and independent…

Form 1040 Deductions and Credits: What’s New and What Stayed the Same for 2025

4 weeks ago

Each tax year, the Internal Revenue Service (IRS) reviews and updates various deductions and credits on Form 1040. For the…

Foreign Earned Income Exclusion Rises Again: How to Claim the Increased $130,000 Limit

4 weeks ago

For the 2025 tax year (filed in 2026), the IRS has raised the Foreign Earned Income Exclusion (FEIE) from $126,500…

Foreign Earned Income Exclusion (FEIE) for 2025: Raised to $130,000 and What It Means for U.S. Expats

4 weeks ago

The Foreign Earned Income Exclusion (FEIE) is a critical tax benefit for U.S. citizens and resident aliens living and working…

IRS Expands E-Filing Access for Foreign Dependents with IP PIN Requirement

4 weeks ago

The Internal Revenue Service (IRS) has implemented a notable update to its e-filing system for tax year 2025: taxpayers can…

Filing Form 1040 Electronically: How the IP PIN Changes Affect You in 2025

4 weeks ago

The Internal Revenue Service (IRS) continues to enhance its security measures to protect taxpayers from identity theft. One of the…

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