It’s possible to get approved for a home loan as a self-employed borrower, but you often have to take a few extra steps to ...

If phantom income is not properly analyzed by counsel and the court in a matrimonial case, the result perforce may be ...

Cryptocurrencies, commonly referenced as digital assets in tax regulations, are treated as property for U.S. tax purposes ( IRS Notice 2014-21 ). This treatment means that general tax principles that ...

Have you received a 1099 tax form that you don’t understand? Our guide describes the basics of the nearly two dozen different ...

Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and benefits available to you to reduce your ...

If you don't pay what you owe on your taxes when you request an extension, you might get hit with an underpayment penalty. To ...

The IRS has outlined key requirements to help you file your 2024 tax return accurately to avoid common mistakes and maximize ...

Being in business for yourself can be exciting, lucrative, and a great way to draw the attention of the IRS's audit division.

Plus: Trump tariffs, beneficial ownership information (BOI) reporting, Earned Income Tax Credit, student loan interest ...

If you're earning income through platforms like PayPal, Venmo, or Cash App, it's crucial to understand the new tax reporting ...

Bad tax information on social media, aggressive marketing tactics, and "ghost" tax preparers can create huge headaches with ...

The IRS's new 1099-K rules are adding stress for a group of workers who already tend to have somewhat complicated tax ...