In a bid to safeguard taxpayers from scams and fraudulent activities, the IRS and CASST have introduced significant changes ...

The IRS has rolled out new regulations for crypto tax: Rev. Proc. 2024-28 In other words, if you hold crypto, it’s time to ...

The official start date of this year’s tax filing season will be January 27, the IRS said Friday. That is the first day the ...

If you have a mortgage, you'll probably receive an IRS Form 1098 in the mail. Your mortgage lender is required to use this form if you paid more than $600 in mortgage interest last year. The form also ...

Section 6038D requires U.S. persons who hold “specified foreign financial assets” in a tax year to report those assets on an IRS Form 8938. Because specified foreign financial assets usually ...

The main difference between a W-9 and a 1099 is that you fill out a W-9, while the business or entity that is paying you fills out the 1099. In most cases, you should receive any 1099 form by the end ...

Tax season is just around the corner. What advice would you give to someone filing for the first time in 2025? Submit your ...

If you have been active in the crypto space, knowing what tax forms to expect and how to handle them is crucial. Here is a breakdown of what you should look out for from crypto platforms.

The IRS has announced the start of the tax season, set for Jan. 27, and new tools and features making the filing process ...