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What the new IRS guidance on crypto tax reporting means for investors

Recep-bg | E+ | Getty ImagesThe U.S. Department of the Treasury and IRS on Friday released final tax reporting rules for digital asset brokers...

What the new IRS guidance on crypto tax reporting means for investors

Recep-bg | E+ | Getty ImagesThe U.S. Department of the Treasury and IRS on Friday released final tax reporting rules for digital asset brokers...

IRS says ‘vast majority’ of 1 million pandemic-era credit claims show a risk of being improper

NEW YORK (AP) — The Internal Revenue Service said Thursday a review of 1 million employee loyalty credit applications, representing $86 billion, shows that...

Treasury, IRS unveil plan to close ‘major tax loophole’ used by large partnerships

IRS Commissioner Danny Werfel testifies before the House Appropriations Committee in Washington, D.C., on May 7, 2024.Kevin Dietsch | Getty ImagesThe U.S. Department of...

More than $1 billion in EV tax credits issued upfront to buyers, Treasury and IRS say

Halfpoint Images | Moment | Getty ImagesThe federal government has issued more than $1 billion in tax credits as an upfront cash incentive to...

TurboTax lost 1 million customers just when the IRS introduced its own free tax filing option and its stock is plummeting

Intuit Inc. shares fell the most in more than 18 months after the company reported losing 1 million customers who use its TurboTax service...

Your home sale could trigger capital gains taxes. Here’s how to calculate your bill

Westend61 | Westend61 | Getty ImagesAs home values climb, more Americans owe capital gains taxes when selling property. But knowing how to calculate your...

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