The IRS has introduced several 2026 updates affecting Americans living or working abroad, including a higher Foreign Earned Income Exclusion, refined Foreign Tax Credit rules, and expanded global data ...
The Internal Revenue Service and the Department of the Treasury have issued Notice 2026-15, which provides the first detailed guidance on how recently enacted foreign entity restrictions apply to ...
On February 12, 2026, the IRS issued Notice 2026-15, providing interim guidance and safe harbors implementing the “material assistance” restrictions enacted by the One Big Beautiful Bill Act (OBBBA) ...