The $600 reporting threshold has become a flashpoint for anyone who earns money through side gigs, payment apps, or freelance work. I want to unpack how that old limit is being reshaped, what the new ...

An Ohio lawsuit asks whether the IRS should collect donor names from charities, raising a broader fight over tax rules, ...

IRS deploys Salesforce AI agents across divisions after massive staffing reductions, aiming to help overworked staff process ...

TurboTenant reports that the IRS will know about your rental income, and failing to report it can lead to serious penalties and audits.

The IRS introduces Form 1099-DA for the 2025 tax season, targeting cryptocurrency transactions. This move aims to regulate the growing crypto market and prevent tax evasion, especially among the ...

The Internal Revenue Service (IRS) has unveiled a new initiative that could potentially earn you an extra income if you report individuals engaging in illegal tax activities. This strategic plan is ...

The plan’s promised enhancements include improving claims submittal and processing and communication with whistleblowers.

Final regulations provide comprehensive guidance for tax reporting of transactions involving these increasingly common assets, and the IRS has granted transition relief in key areas.

The Republican tax law's bonus depreciation provision is expected to cost $362.7 billion over the next ten years, with ...

What are the IRS reporting requirements for rental income? If you’re a new real estate investor, you might ask yourself, “Will the IRS know about my rental income?” The answer is simple: Yes, the IRS ...