If you live or work abroad, there's a good chance you have a foreign retirement account — and the U.S. has its own rules for it that don't always match your host country's. From employer contributions being taxed before you retire, to reporting requirements that exist even when you owe zero tax, the gaps between systems catch a lot of expats off guard. Here's what you need to know.

If you own rental property, have a stake in a partnership, or receive income from an estate or trust — Schedule E is where it all lives on your return. It's also one of the most consistently mishandled forms I see. The mistakes aren't always obvious. Wrong depreciation lives, misclassified losses, unreported foreign rental income — they compound quietly, year after year. Let's fix that.

Let’s be honest — the word audit makes most business owners tense up immediately. The good news? Audits aren’t random lightning strikes. The IRS isn’t spinning a wheel and picking names. Returns are selected based on patterns, data comparisons, and inconsistencies. When you understand what those patterns look like, you can dramatically reduce your risk. Today’s Tax Talk Thursday breaks down the real audit triggers I see most often — not rumors, not social media myths — but p