If you are planning a trip overseas this summer, you may want to do a little research about exchanging your cash for local currency. Once you are back from your trip, you might want to exchange the ...

Section 1256 generally requires that certain contracts, including “foreign currency contracts,” be marked-to-market annually. The Internal Revenue Service (IRS) has long maintained that foreign ...

The IRS has published Proposed Regulations clarifying that for purposes of the mark-to-market rules under section 1256, foreign currency contracts include only foreign currency forward contracts, and ...

That forgotten jar of foreign coins sitting in your kitchen drawer might be more valuable than you think. As global financial regulations continue to evolve throughout 2024 and 2025, traveling with ...

Foreign currency contracts subject to the Sec. 1256 mark-to-market rules would be defined as only including forward contracts, under proposed regulations the IRS and Treasury issued Tuesday ...

(Bloomberg) -- Monday started quietly in the $300 billion-plus currency options market until political headlines triggered the most hectic trading day in nearly two months — a taste of what may lie in ...

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Forex options are a unique tool that can offer traders a way to protect themselves while potentially earning some profit. However, if you’re new to forex trading, forex options can seem like Greek to ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Many international travellers ...

The value of the U.S. dollar rose significantly from June 2014 to April 2015 compared with other foreign currencies. For U.S. companies with international operations, that could have resulted in ...