WASHINGTON — The Internal Revenue Service estimates more than $1 billion in refunds remain unclaimed because people haven't filed their 2020 tax returns yet. So, this is your reminder to not leave ...

You need to consider how you’ll report digital asset transactions on your 2022 tax returns. Tax reporting requirements for digital assets have changed yearly since 2019, when the IRS first added a ...

The Internal Revenue Service has issued a reminder to taxpayers, notifying them that when they file their taxes for 2022, they must report all their digital assets. In a Jan. 24 update, the IRS ...

The IRS’s recommendation to check “Yes” boils down to receiving, earning, transferring or selling cryptocurrencies for any monetary benefit, including mining and staking. With the deadline approaching ...

An early draft of the 2022 IRS tax form sees cryptocurrencies, stablecoins and nonfungible tokens grouped under a new “Digital Asset” category. American taxpayers will find a broader, more defined ...

Corrections to the 1040-NR, 1040-SS (including the Additional Child Tax Credit for Bona Fide Residents of Puerto Rico) and the 1040-PR can now be e-filed, according to the Internal Revenue Service. An ...

A 2021 Form 1040 with instructions from the Internal Revenue Service Website. (Mark Busch - [email protected]/Mark Busch - [email protected]) WASHINGTON — The ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. The IRS has just issued a reminder to taxpayers that there is a ...

Because we've both been "Hoosiers" for most of our adult (a.k.a., taxpaying) years, we will give it our best shot during "March Madness Month" using INDIANA as a platform. Income — the starting point ...

A PPP loan isn’t taxable income. Generally, businesses are not required to report that they received a PPP loan. However, they would need to report certain information if the loan was forgiven and if ...