Millions of workers saw bigger refunds or smaller tax bills after claiming a new overtime deduction. But some ask why so many ...

If you got a brokerage 1099 this year, go and check Box 2a yourself. You might be surprised by what you find there.

The final regulations list more than 70 separate occupations of tipped workers, from bartenders to clowns to golf caddies.

The tax deduction for tip income is found on Schedule 1-A for 2025 returns. The IRS issued final regulations listing ...

The easiest tax mistake to make is also one of the most expensive.

No one likes to get audited by the IRS. While there are many myths and assumptions about what can lead up to an IRS audit, most people will not experience one. According to the IRS, it conducts audits ...

Cryptocurrency transactions continue to be a major focus for the IRS, and this year brings new reporting requirements. Taxpayers who sell digital assets will receive a new 1099-DA showing the sale ...

Form 1099-DA, the IRS’s new digital asset reporting document, began rolling out to taxpayers in February. For the first time, centralized exchanges like Coinbase (COIN) are required to report crypto ...

Beginning with crypto transactions in 2025 (to be filed in the 2026 tax season), crypto brokers in the United States, such as Coinbase (Nasdaq: COIN), are required to issue a new document known as ...

The IRS issued proposed regulations (REG-105064-25) on Thursday that would shift digital-asset reporting to electronic-only delivery by loosening requirements that apply to digital asset brokers for ...

A new tax form related to digital assets is set to change how millions of crypto investors file their taxes and failing to understand it could mean paying more than necessary. Beginning with crypto ...

The IRS introduces Form 1099-DA, creating the first standardized system for reporting crypto and NFT transactions. US exchanges like Coinbase and e-file providers such as TaxBandits are rolling out ...