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

The IRS has published filing instructions for the new Schedule 1-A and Form 1040 instructions for taxpayers to claim no tax on tips, overtime, and other deductions.

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.

A Buffalo man whom prosecutors said spent pandemic relief funds at adult entertainment clubs, hotels and restaurants has pleaded guilty to wire fraud and narcotics charges.