At issue are partnership interests linked to so-called “hot assets” under section 751 of the Internal Revenue Code. When ...

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

What are the IRS reporting requirements for rental income? If you’re a new real estate investor, you might ask yourself, “Will the IRS know about my rental income?” The answer is simple: Yes, the IRS ...

The $600 reporting threshold has become a flashpoint for anyone who earns money through side gigs, payment apps, or freelance work. I want to unpack how that old limit is being reshaped, what the new ...

That guidance basically asks employers to use their best efforts to provide documentation; no penalties will be imposed on ...

The Internal Revenue Service (IRS) has unveiled a new initiative that could potentially earn you an extra income if you report individuals engaging in illegal tax activities. This strategic plan is ...

If you're a new real estate investor, you might ask yourself, "Will the IRS know about my rental income?" The answer is simple: Yes, the IRS will know if you have rental income. And if you try to ...