Make sense of the new rules for digital asset reporting, including transition relief for 2025 and safe harbors going forward.

Taxpayers must report transactions that result in income, gains or losses during the tax year, according to tax experts.

The wash sale rule is important when you are selling and rebuying stocks to offset losses.

(NewsNation) — Fewer side hustlers who get paid through apps like Venmo or PayPal will get a tax form this year, but the IRS still expects them to report the money they made. “Even if you don’t get a ...

Investing is all about making your money work for you - getting money without having to actually perform labor. But what some investors may initially neglect to take into account is the fact that ...

The proposed rules move the federal government closer to operationalizing Trump Accounts, a savings vehicle for children.

The IRS says a surge in fabricated Form 2439 filings prompted the only new addition to this year’s Dirty Dozen, underscoring ...

The new Schedule 1-A and updated instructions enable taxpayers to claim the new tax breaks for tips, overtime, car loans and ...

From phishing emails to bogus tax credits, the IRS warns that scammers keep changing tactics. Here’s what you should know about the most common tax scams now.

With the tax filing season already underway, revised 1040 instructions make the tips deduction more complicated and limited ...

Form 2439 is an IRS form that mutual funds must send to their shareholders to inform them of undistributed capital gains and ...