The IRS has published a private letter ruling on I.R.C. §168 and Treas. Reg. §§301.9100 and 301.7701, granting 120-day extension to file Form 8832 to elect to be classified as ...

Getting advice from a good tax pro is worth it. They can help you squeeze the most out of your LLC tax benefits and keep you ...

The IRS has issued guidance on HSAs, answering questions about telehealth services, bronze and catastrophic plans under the ...

A viral post showed an IRS document asking a taxpayer to list all their currencies, such as Bitcoin (CRYPTO: BTC), Ethereum ...

U.S. crypto investors now have just over two weeks to execute any final sales before sweeping IRS reporting rules go live on ...

Among other changes, the guidance explains that bronze and catastrophic plans are considered HSA-compatible under Sec. 223.

If you get paid through a third-party app, you may find an IRS Form 1099-K in your mailbox. Previously, only self-employed workers who netted at least $20,000 through Venmo, PayPal, CashApp, Stripe or ...

Federal income tax is a necessary evil, but residents in some parts of the country don't have to pay state income tax. In 32 states and Washington, D.C., residents are subject to a progressive income ...

OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced KODIAK COPPER CORP.

Getting out of debt is probably the most common financial goal people set for themselves. While debt settlement companies can negotiate with your creditors, most don't work with tax debt. Tax relief ...

The holiday season is upon us, and as some know, it can be frustrating when your children are out of school and complain about having nothing to do. So, why not hire your child or children to work for ...

The "stretch IRA" is gone for most beneficiaries who inherit IRAs from people who aren't their spouses. Before 2020, deceased owners of traditional IRAs could leave their accounts to their kids, ...