That said, if you held crypto all year without making any transactions, you won't need to report it as taxable income on your ...

In today’s issue, we get ready for tax time as Anthony Tuths from KPMG provides an overview of crypto tax preparation and the rules to ...

The IRS is always on the lookout for tax returns that just don't make sense. Making these five errors can increase the chances that your return will be audited.

Will you recognize the Form 1099-K when you receive it from one or more third-party marketplace providers this year?  A few ...

An expert weighed in on what immigrants can do to educate themselves on their renter's rights and the requirements for finding a place to live.

Thieves take advantage of news events and your desire for a big tax refund to steal your identity and your money.

If you're a freelancer, side hustler or business owner who gets paid via PayPal or Venmo for your services, expect big ...

Pay attention to your tax bracket: Having multiple jobs could push you into a different tax bracket. But remember: When your income jumps to a higher tax bracket, you don’t pay the higher rate on your ...

Dear Penny, I gave my wife $1,000 a month to take care of the yard, house and my four dogs. She is divorcing me, and I’m ...

Medical expenses can be a major tax deduction, but only if they go over 7.5% of your adjusted gross income, which is ...

On January 16, 2025, the Internal Revenue Service (“IRS”) issued Revenue Ruling 2025-4 (the “Rev. Rul.”). The Rev. Rul. provides guidance on ...

This is the big one. April 15 is the deadline to file your federal income tax return for 2024 unless you request an extension ...