Tax myths can spread quickly, leading to costly mistakes or missed opportunities. Here are several common tax myths along ...

If your business files Form 1098, 1099 or other information returns with the Internal Revenue Service (IRS), a major shift is on the horizon. The ...

Key Points ・The federal tax-free exclusion for most student-loan forgiveness under the American Rescue Plan Act of 2021 ...

Form 1099-K is an IRS information return used to report certain payments to improve voluntary tax compliance. The requirement to file a Form 1099-K can be triggered when payments are received for ...

New tax-exempt “ Trump accounts ” receive a government-seeded $1,000 for children born between 2025 and 2028, with additional non-deductible contributions capped at $5,000 per year. These funds, after ...

The United States Oil Fund LP (USO) provides liquid, exchange-traded exposure to oil futures, but comes with tax complexities ...

The tax rates for long-term crypto gains in 2025 depend on how much money you make overall. For most people, the rates are 0% ...

Political donations from an LLC to candidates, PACs, or campaigns are not deductible. Charitable contributions by an LLC are ...

CoinTracker COO says IRS data shows low compliance — but new broker 1099 rules could push awareness close to 100%.

Form 1099-QA is an IRS tax form filed by states, their agencies, or their instrumentalities. It reports distributions from Achieving a Better Life Experience (ABLE) accounts specifically designed to ...