Discover how to organize crypto tax records, calculate cost basis, report capital gains, and prepare for potential IRS audits ...

Editor: Mary Van Leuven, J.D., LL.M. The IRS’s enforcement of transfer pricing penalties has undergone a marked transformation in recent years. Historically, the assertion and sustenance of penalties ...

Barry Elad is a finance and tech journalist who loves breaking down complex ideas into simple, practical insights. Whether he's exploring fi... See full bio The IRS treats cryptocurrency as property.

The union previously supported the proposed legislation with caveats, but now is offering full backing ahead of a state ...

The best crypto tax software for your use case often depends less on the software itself and more on what you did during the year. For instance, someone who bought Bitcoin on a single exchange may not ...

Prize amounts up to ₹1 lakh can be claimed at District Lottery Offices, while higher amounts must be submitted to the Director of State Lotteries. All claims must include the original winning ticket, ...

ITR filing FY 2025-26: The tax returns filing season is here and ahead of the July 31, 2026 deadline, taxpayers are compiling important documents that are needed every year to file the income tax ...

Tax Form 1098 tells the IRS how much mortgage interest you paid last year. You may be able to deduct this amount on your Schedule A. Not all mortgage interest is tax deductible. If you have a mortgage ...

Greg Daugherty has worked 25+ years as an editor and writer for major publications and websites. He is also the author of two books. David Kindness is a Certified Public Accountant (CPA) and an expert ...

Tens of millions of Americans could be entitled to a tax refund from the IRS or an abatement of penalties accrued during the COVID-19 federal disaster period due to a recent federal court decision. In ...

Could your debt be reduced or forgiven? Take our financial relief quiz. Filing for bankruptcy is a difficult decision often driven by overwhelming debt, but the process itself requires a final set of ...

56 million tax forms from one single crypto exchange. That should be enough to tell you how broken the American tax system is. Popular crypto exchange Kraken in a blog post on April 22, revealed that ...