Olympic glory may come with a tax bill. Here’s how 2026 Winter Olympic prize money, bonuses, and endorsements could trigger ...
In 2019, the IRS tightened up its enforcement of those rules by adding a crypto question to Form 1040 and aggressively auditing crypto holders. The top exchanges also started issuing 1099 forms to ...
Selling silver can trigger IRS reporting, but when and how it happens depends on what you sell and how you do it.
The IRS is moving further toward digital payments, which could delay tax refunds in 2026 for filers who don’t use direct deposit, as the agency balances modernization efforts with staffing limits and ...
The U.S. Court of Appeals for the Fifth Circuit ruled that the meaning of “limited partner” under Section 1402(a)(13) of the Internal Revenue Code of 1986, as amended (the “Code”), is determined under ...
The Federal Trade Commission reports a spike in phone calls from scammers claiming to be from the IRS and telling potential victims they owe back taxes.
On January 15, 2026, the Internal Revenue Service (IRS) issued Notice 2026-13, which revises the safe harbor explanations that may be used to ...
IRS deadline for key tax forms has passed, and businesses may face penalties for late, incorrect, or missing filings.
You can approach the issuer and ask the issuer to reissue it correctly. If the issuer of the Form 1099 has already sent it to ...
As more financial advisors near retirement without clear succession plans, some RIAs are turning to ESOPs and Section 1042 ...
Staffing losses, backlogs of unprocessed tax returns, and tech delays leave the agency entering filing season under strained ...