Review your credit card fee policies before traveling outside the U.S. to avoid surprise costs. If needed, apply for a credit card without travel-related surcharges and fees. To avoid high conversion ...

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 ...

There’s no doubt that traveling abroad can be expensive. Accounting for expenses including airfare, hotel stays, meals and excursions, you’ll need to budget and save for a big trip so you don’t rack ...

Are there special hedging provisions for section 988 transactions? Yes. In addition to the business hedging rules I address in our earlier Q&A with Andie series,[1] a special hedging provision is ...

You use your card to make an in-person purchase while you’re outside the United States. You use your card to buy something online that’s sold in a foreign currency. Generally, the foreign transaction ...

Hanna Horvath is a CERTIFIED FINANCIAL PLANNER™ and Red Venture's senior editor of content partnerships. Fox Money is a personal finance hub featuring content generated by Credible Operations, Inc.

When you travel abroad, you expect simplicity and transparency — especially when your financial tools promise no extra charges. Yet Uber is adopting a strategy — Uber preferred currency fee - that ...

By Ali Ousat Foreign exchange is a strategic lifeline that links Pakistan to the global economy. From remittances sent by ...

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 ...

If you’re planning a trip out of the U.S., you’ve probably started to worry about how you’re going to pay for things once you get there. To avoid running around with a pocket full of cash — a ...