Forbes

Foreign Transaction Fees Vs. Currency Conversion Fees: What’s The Difference?

Credit cards and banking specialist Jenn Underwood brings over 16 years of personal finance experience to the table. After a decade of teaching courses in banking, debt reduction, budgeting and credit ...
Houston Chronicle

How Do Companies Mitigate the Risk of Foreign Currency?

We live in a global economy, and many companies source and sell their products all over the world. That means their customers and suppliers are often located in different currency zones. While ...
JD Supra

Taxation of Foreign Currency Transactions Part I: Definitions and Rules for Taxing Foreign Currencies

Navigating the federal taxation of foreign currency can be compared to trying to cross a perilous sea. Both involve unexpected rough patches, serious difficulties, and frustrating complexity. In this ...
JD Supra

Taxation of Foreign Currency Transactions Part II: Gains, Losses, Personal Transactions, and Electing Out of Section 988

Are all foreign currency gains taxable? No. Under a de minimis exemption individual taxpayers with foreign currency gains of $200 or less on a “personal transaction” do not need to report them. How ...