The taxation of digital assets continues to be an area of confusion. The Internal Revenue Service has long taken the position ...

Tariffs are in the news at the moment. But what are they? Tariffs are typically charged as a percentage of the price a buyer ...

Now, millions more Americans will receive the form compared to previous years, the paper reports. While taxpayers are always ...

If you have a tax paper from someone other than your employer, you may have received a 1099. But what does the form mean, and ...

“The IRS wants to get the message out that they ... you must report it as a capital gain on Form 8949 and Schedule D. Taxpayers shouldn’t be immediately concerned about this having an ...

Instead, the IRS chose to phase in the change, setting the $5,000 threshold for the 2024 tax year, $2,500 for 2025 and $600 ...

Learn how Bitcoin investors can avoid tax fraud with this comprehensive guide on taxable and non-taxable transactions, global ...

Finally, users should look for software that can generate tax forms such as Form 8949 and Schedule D. The software should be able to automatically populate these forms with accurate data and ...