Explore nonpassive income and losses, including their tax implications for active material participants in business ...

A donation is the actual amount of money donated to a charitable organization, trust or fund. However, a deduction is the tax ...

Richmond police are investigating after a man died Tuesday night after being found in the city's East End with gunshot wounds ...

Starting in 2025, crypto exchanges will be required to send you and the IRS a Form 1099-DA, similar to how stock brokers send ...

Starting in 2025, crypto exchanges will report your transactions to the IRS using the new Form 1099-DA, similar to how stock ...

A big change for 2025 is that crypto exchanges will start sending tax forms (like Form 1099-DA) to both you and the IRS, ...

If you experience a wash sale, the capital loss disallowed by the IRS is included in the cost basis of the replacement stock. So, if you sell the replacement stock later, any taxable gain will be ...

With short-form video now dominant on social media, researchers are racing to understand how the highly engaging, algorithm-driven format may be reshaping the brain. From TikTok to Instagram Reels and ...

As gold and silver continue to prove their worth as sound investments, market participants should know how capital gains taxes are calculated for precious metals investments in the US. While the ...

Discover how to report cryptocurrency on taxes. Learn how to avoid common mistakes and ensure compliance. Dive into crypto tax guidelines today.

The U.S. Department of the Treasury and the IRS issued guidance Friday that will temporarily allow more workers to cash in on the “no tax on tips” and “no tax on overtime” provisions of President ...