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

Cost basis drives gain or loss. When you cannot substantiate basis, the IRS may treat your basis as zero, which can effectively treat the full proceeds as taxable gain. The IRS can also broaden the ...

(NewsNation) — Fewer side hustlers who get paid through such apps as 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 ...

The coldest air of the winter is set to push into Texas beginning Friday, as an arctic cold front surges south into the state. At the same time, Pacific moisture will stream in from the west, and as ...

US crypto investors have just three weeks to finalize any sales before historic new IRS changes to cost basis reporting come into effect. For 2025 transactions, centralized exchanges aren’t required ...

After a five-year hiatus, one of America’s most remarkable and smallest festivals with a power-packed lineup returned to Arizona in 2024. Though FORM took 2025 off, the festival announced today that ...

The sheriff of Humphreys County, Tenn., said the 2021 flooding was informing his response to the Accurate Energetic Systems explosion. By Rick Rojas Rick Rojas covered the 2021 floods in Humphreys ...

ParkMobile has finally wrapped up a class action lawsuit over the platform's 2021 data breach that hit 22 million users. But there's a catch: victims are receiving compensation in the form of a $1 ...

Compare the best crypto tax software to save time, reduce errors, and file your crypto taxes stress-free. The best crypto tax software simplifies transaction import, calculates gains and losses, and ...

Did you know that when you sell your home, you may exclude up to $250,000 of your gain from tax if you’re unmarried (or married, filing separately) or $500,000 if you are married and file jointly. To ...