With the tax filing season already underway, revised 1040 instructions make the tips deduction more complicated and limited for the self-employed.
Even when no Form 1099-B is issued, sellers of precious metals and numismatic items may still owe taxes on paper gains from sales or exchanges.
In order to get a head start on my own tax filing, I asked ChatGPT what documents I need for tax season in the United States ...
On March 5, 2026, the Internal Revenue Service (IRS) and the Department of the Treasury issued a significant proposal that ...
IRS releases 2026 “Dirty Dozen” tax scams list, spotlighting evolving schemes from AI impersonation to bogus credits and new abusive capital gains claims, plus guidance on reporting fraud.
The proposed regulations would shift digital-asset reporting toward electronic-only delivery by loosening consent requirements for brokers.
IRS proposes digital-only Form 1099-DA delivery, expanding crypto tax reporting requirements & increasing oversight of ...