Got a tip on a tax dodger? The IRS Whistleblower Office has updated Form 211, allowing tips to be submitted digitally for the ...

Every December, workers blame the IRS for shrinking bonuses. But bonuses aren’t taxed differently than your regular ...

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

When the IRS first put out Publication 590-B in 2021 for the 2020 tax year, it offered an example that implied someone (a non ...

Learn about IRS Publication 535, crucial for business owners to understand deductible expenses to reduce taxable income.

When writing about taxation of retirement accounts, I've referred to IRS Publication 590- B many times, as it provides guidelines to taxpayers for handling required minimum distributions from ...

In this week's Ask the Editor Q&A, Joy Taylor answers questions on itemized deductions claimed on Schedule A of Form 1040 ...

The One Big Beautiful Bill brought several changes to personal income taxes. Learn what you need to know for the upcoming tax season.

Discover the role and tax requirements of household employees, such as nannies and housekeepers, and learn how they differ from independent contractors.

Learn about the contribution and account balance limits on 529 plans and the difference in contribution limits among states.

Learn how exclusion ratios can optimize annuities by distinguishing tax-free returns from taxable income. Explore examples and their role in effective tax strategies.

Learn how blanket liens work, their benefits to creditors, risks to borrowers, and the UCC regulations governing them to protect your financial interests.