As inflation drives up the cost of almost everything, more Americans are turning to second jobs or weekend side gigs—whether ...

The Treasury has on Thursday quietly erased a major crypto reporting rule that would’ve forced platforms across the industry, ...

One of President Donald Trump’s 2024 campaign messages was a promise to implement a no-tax-on-tips and no-tax-on-overtime law ...

The 'One Big Beautiful Bill Act' (OBBBA), signed by President Trump on July 4, 2025, introduces a groundbreaking change for ...

New 1099-DA form will fuel more IRS letters This whole situation is only going to get worse. In 2026, crypto exchanges will start sending out Form 1099-DA to both users and the IRS. The form will show ...

An Internal Revenue Service employee caught up in the controversy over tax-exempt groups wants a federal judge to block a subpoena for her videotaped testimony. The official, Holly Paz, cites ...

The good news is that it is not really difficult to report 1099 rental income. Along with the tax return Form 1040, you will generally file IRS Form 1099-MISC, which the IRS uses to keep track of ...

Phased enforcement: The IRS continues its step-by-step rollout of Form 1099-DA compliance from 2025 through 2027. Taxpayer alignment: More consistent tax reporting for digital assets helps investors ...

Taxpayers must file Form 1099-B to accurately report these transactions, as it's essential for calculating capital gains and losses for tax purposes. Form 1099-DIV (Dividends and Distributions): ...