A new IRS reporting rule will affect crypto users starting in 2025, changing how digital asset activity is tracked and ...

The IRS Broker Rule applies to digital asset brokers starting January 1, 2025. Brokers will use Form 1099-DA to report the sale or exchange of digital assets, sending a copy to the IRS and the user.

Learn how crypto is taxed under the latest U.S. rules. Covers trading, staking, DeFi, NFTs, mining, payments, and new IRS reporting requirements.

Forbes contributors publish independent expert analyses and insights. Bruce makes the law and tax code understandable to everyone. This is the second part of my two-part Q&A with a tax-law expert, ...

Forbes contributors publish independent expert analyses and insights. Bruce makes the law and tax code understandable to everyone. With the filing deadline for tax returns less than a month way, taxes ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. While the IRS is known for its aggressive approach to dealing with tax ...

These seven common deductions draw IRS scrutiny — not because they're suspicious, but because most people document them wrong ...