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.

Tax time is upon us. The Internal Revenue Service released the official start date for the 2025 tax season, which kicks off ...

Itemizing your taxes is great when you are a homeowner. As you file taxes for the 2024 tax year, there are some deductions ...

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 ...

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

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 ...

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 ...

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 ...