Make sense of the new rules for digital asset reporting, including transition relief for 2025 and safe harbors going forward.

The couple got married in June 2022 and welcomed their first baby in October 2024 Tommy McArdle is a writer-reporter on the Movies team at PEOPLE. Tommy joined PEOPLE in 2022. Julie Jordan is an ...

Cost basis drives gain or loss. When you cannot substantiate basis, the IRS may treat your basis as zero, which can effectively treat the full proceeds as taxable gain. The IRS can also broaden the ...

A recent poll of 1,000 American investors in digital assets found that over half are scared they'll face an IRS tax penalty this year as new transparency rules governing crypto exchanges take effect.

Certain payments constituting income require the payor to prepare, furnish, and file certain information statements and returns, both to the payee and to IRS, even when the payor is not the taxpayer ...

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Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Christina Majaski writes and edits finance, credit cards, and travel content. She has 14+ years of experience with print and digital publications. Lea Uradu, J.D., is a Maryland state registered tax ...

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Innovative Industrial Properties, Inc. is an internally managed real estate investment trust (REIT). The Company is focused on the acquisition, ownership and management of specialized industrial ...

Many DIY tax software programs offer free tax filing for basic tax situations. But if your income is complex, most will prompt you to upgrade to a paid version. Dawn Allcot Contributor Dawn Allcot is ...

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