Trump promised a new tax deduction for tips during his 2024 presidential campaign. Former Vice President Kamala Harris, his ...

Discover how annuities are taxed and what income you might owe. Understand the impact on your retirement plan and learn key ...

For a small business owner in Southern Maryland, few things are as daunting as receiving an official notice from the Comptroller of Maryland. The stress and uncertainty of a state tax audit can be ...

The SECURE Act 2.0 significantly changed the retirement planning landscape—creating both new options and new complications. One often-overlooked change involves a new rule that allows employees to ...

If your business pays nonemployee compensation and other reportable payments, you must be aware of two forms: Form 1099-MISC and Form 1099-NEC. Many employers are likely familiar with Form 1099-MISC.

Beginning with crypto transactions in 2025 (to be filed in the 2026 tax season), crypto brokers in the United States, such as Coinbase (Nasdaq: COIN), are required to issue a new document known as ...

In 2021, Congress enacted the Infrastructure Investment and Jobs Act (IIJA), P.L. 117-58, which requires brokers to report digital asset transactions to the IRS and taxpayers. In enacting the IIJA, ...

A new tax form related to digital assets is set to change how millions of crypto investors file their taxes and failing to understand it could mean paying more than necessary. Beginning with crypto ...

If you're one of the millions of creators who sell items through online marketplaces such as eBay, Etsy and Facebook Marketplace — there are more than 8.1 active sellers on Etsy alone, according to to ...

The IRS has introduced Form 1099-DA to standardize crypto tax reporting starting in 2025. This new form will be used to report proceeds from cryptocurrency and NFT transactions. Crypto exchanges in ...