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Form 1099-K is an IRS information return used to report payment card and third-party network transactions on a federal tax...
The federal 2023 tax filing deadline for Tax Year 2022 individual tax returns, also known as Tax Day, is Tuesday,...
Today’s crypto audience is seeing digital artists’ lives changed by the increase in sales circulating around NFTs, leading investors to...
The IRS announced on February 16, 2023 that they will now give taxpayers who receive certain notices requesting them to...
Tax preparers must remember that if a taxpayer received an advance premium tax credit (subsidy) to help pay for their...
What is the Premium Tax Credit? The Premium Tax Credit is a refundable tax credit for certain people who enroll,...
Many taxpayers may be surprised that the amount of their 2022 tax return is lower this filing season, leaving them...
As part of its wider effort to increase security, the IRS is reminding taxpayers that the IRS Identity Protection PIN...
The IRS has changed the virtual currency question of Form 1040 to now refer to digital assets....
1Our blogs and all of the material within them have been prepared with the aim of providing key information only and do not constitute tax or legal advice in relation to any particular situation. While we aim to ensure that the information is correct at the date on which it is posted, the tax or legal position can change frequently, and the posts will not always be updated following any relevant changes.