3 ways credit card debt relief can impact your taxes this year
Pursuing certain types of credit card debt relief could have a big impact on your taxes. Here's what you need to know.
Digital Dollars and Taxes: What Practitioners Should Know About Peer-to-Peer Payment Reporting
Estate planners and tax advisers must understand the tax and reporting rules for clients using P2P payment applications for ...
7 lessons I learned as a volunteer tax preparer that can help you too
There are some hard truths about human behavior lurking in the 1040 Every year as the tax deadline approaches, people want to know the last-minute things they can do to lower their bill. The honest ...
Journal of Accountancy1d
Taxpayer’s frivolous argument is once again denied
The Tax Court imposes a $25,000 frivolous-position penalty for persistent omission of wage and rental income. The Tax Court ...
Don’t forget to report your gains from crypto — the IRS already knows about them
Crypto investors should also be aware that Form 1099-DA gets reported to the IRS using a standardized format, which includes ...
Taxes are different this year: what filers should know | The Excerpt
How will DOGE and the Trump Administration's cuts to federal workers affect the IRS and you getting your tax return?
CNET on MSN2d
Homeowners: Before You File Your Taxes, Make Sure You're Getting All Your Tax Credits and Deductions
Tax season has arrived, and unless you're planning to file an extension, it's time to get started. While taxes are always ...
Could You Owe Taxes on Forgiven Debt? How to Find Out
As long as the total of your liabilities exceeds the value of your assets when your debt is canceled, you may claim the ...
How to file crypto taxes in the US (2024–2025 tax season)
Learn how to file your crypto taxes in the US for the 2024–2025 season. Understand IRS rules, reporting requirements and ...
The Cincinnati Herald3d
Maximize your 1099 tax deductions as an independent contractor
Discover 16 last-minute 1099 tax deductions for independent contractors. From home office to business insurance, these deductions can save you money.
Uber, DoorDash Want ‘No Tax on Tips’ to Include Their Drivers
WASHINGTON— Uber and DoorDash are pressing Republican lawmakers to expand President Trump’s no-tax-on-tips promise beyond ...
MiBolsilloColombia on MSN5d
Quarterly tax obligations for self-employed in the U.S.
In the U.S., self-employed individuals face unique tax challenges, including the need to make quarterly estimated tax ...