Income-tax Return (ITR) Forms 2 and 3 contain Schedule FA for reporting foreign assets, income and beneficial ownership. This Schedule is often considered one of the most challenging sections to fill ...

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 ...

We break down the complex tax rules for capital gains, pass-through entities, foreign investments and real estate to help you file your taxes in 2026. Dawn Allcot is a full-time freelance writer, ...