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No, you do not pay U.S. income tax on receiving a foreign inheritance. But you almost always have to report it. Here is how the two rules separate.
If you're reading this, something about your tax situation has you worried. That's fair — the IRS is intimidating until you know how the rules
After 32 years of IRS work — and more than $100 million in resolved tax debt — I've seen just about every version of the
The tax-relief industry loves to make IRS problems sound impossible without them. They're not. I'm Darrin Mish. I've been representing taxpayers before the IRS for
Most people I talk to about their IRS problem have already built the worst-case scenario in their head. The reality is usually much more manageable.
DARRIN T. MISH: Welcome to the IRS resolution show. I’m Darrin Mish, and I’m joined by my cohost Katrina Madewell. How are you doing Katrina?
If you've got an IRS letter on your desk right now, you have a decision to make, and the clock matters. I'm Darrin Mish. I've