Carrie Brandon Elliot reviews questions and action plans generated by the January 1 effective date of a 1 percent tax on remittances from the U.S. to foreign recipients.
Guidance is now available from the Internal Revenue Service for deposit penalty relief for the first three quarters of 2026 to remittance transfer providers. Processing Content Notice 2025-55 provides ...
Wire transfers might seem old-school compared to modern payment apps, but they remain one of the fastest and most secure ways ...