In the United States, paying your taxes is one of the most important tasks a citizen must stay on top of in order to avoid financial ruin. National Tax Day falls on April 15, the deadline for all ...

On 2/6/24, the IRS released new and updated FAQs regarding Form 1099-K 2023 given that on November 21, 2023 (via Notice 2023-74) the IRS announced that calendar year 2023 would also be a transition ...

The Internal Revenue Service (IRS) has recently announced a pivotal change that will impact the tax filings of millions of Americans who rely on digital payment platforms such as Venmo, Cash App, and ...

Christmas came early (again) this year for many taxpayers and tax professionals. The IRS has announced that it would (again) delay the new $600 Form 1099-K reporting threshold for third-party ...

The IRS released a draft of a new tax form, Form 1099-DA, that brokers will use to report proceeds from certain digital asset transactions. The draft Form 1099-DA can be found on the IRS website and ...