Learn how to file your crypto taxes in the US for the 2024–2025 season. Understand IRS rules, reporting requirements and ...

The FBAR and FATCA are crucial forms for Americans overseas, and failure to file them when required could result in penalties totalling thousands of ...

A foreign tax redetermination may require taxpayers under Large Business and International Division examination to notify the ...

Form 941 is used to report income taxes, payroll taxes, Social Security, and Medicare taxes withheld from employee wages. Most employers who pay wages file Form 941.

Businesses that own, lease, or charter aircraft should prepare for increased IRS scrutiny by closely reviewing their ...

An audit occurs when the IRS chooses to review a taxpayer’s accounts and financial information to ensure the taxpayer reported all required income and followed all tax laws. The IRS typically audits ...

Income reported on a 1099 form is usually taxable ... put the numbers in your return. Some tax forms have worksheets to reconcile differences. For example, you may receive 1099-SA reporting ...

The Fifth Circuit’s decision in Grigsby, 86 F.4th 602 (5th Cir. 2023), emphasizes the need for taxpayers to clearly define ...

After a lengthy debate, Gorham town councilors Tuesday, April 1, decided against spending $185,000 to own a property at a ...