Andy Smith is a Certified Financial Planner (CFP®), licensed realtor and educator with over 35 years of diverse financial management experience. He is an expert on personal finance, corporate finance ...

What Are Report of Foreign Financial Assets (Form 8938)? Form 8938, also known as the "Statement of Specified Foreign Financial Assets," is a mandatory disclosure form required by the Internal Revenue ...

Living abroad doesn’t mean you can leave your U.S. tax responsibilities behind. If you’re an American expat, the IRS still expects you to report your worldwide income — no matter where you live or ...

Forbes contributors publish independent expert analyses and insights. Matthew Roberts is a tax attorney who covers tax litigation and fraud. Generally, the IRS has three years to select an income tax ...

U.S. filing requirements mean you may also need to file tax forms and returns if you’ve bought, inherited, been gifted, or otherwise acquired assets outside of the U.S. We all know that tax season ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Janet Berry-Johnson is a CPA with 10 years of experience in public accounting and writes ...

Returning NRIs must understand RNOR to ROR tax transition, Schedule FA disclosure, foreign income reporting, and FEMA rules to avoid costly mistakes in first Indian tax return.