The IRS issued new instructions in March clarifying the tip deduction limit for self-employed individuals. Married couples must share a single $25,000 limit on the qualified tip income deduction, not ...

Four new tax deductions are available on federal returns for eligible taxpayers whether they itemize deductions, such as claiming mortgage interest, or claim the standard deduction. All four big tax ...

Four new tax deductions are available on federal returns for eligible taxpayers whether they itemize deductions, such as claiming mortgage interest, or claim the standard deduction. All four big tax ...

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 ...

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 ...

'You could do it the right way and not have the possibility of things blowing up in your face' It's a touchy time for crypto investors. Headaches from the IRS will not help. Cryptocurrency exchanges ...

See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. According to the IRS, this is a required tax form that employers must ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Owners of rental properties, take note: your reporting ...

Child care is expensive — and if you’re paying for care so you can work or look for work, the IRS does offer a meaningful tax break. IRS Form 2441 is how you claim the Child and Dependent Care Credit, ...

Reporting cryptocurrency on your taxes is changing for the 2026 tax season. This year, the IRS is introducing a new dedicated crypto tax form called 1099-DA for all "digital asset proceeds from broker ...

The IRS requires Purdue, as an employer, to report whether an employee and dependents (if applicable) had health coverage in 2025. Therefore, employees receive Form 1095-C, which details whether they ...

As tax season kicks off, families with minor children can now register for Trump accounts. To open the account, an election must be made on IRS Form 4547. Form 4547 can be filed separately or with ...