Wondering what tax reporting might look like under the One Big Beautiful Bill Act (OBBBA)? The IRS has released drafts of some 2025 tax forms (that you’ll file in 2026), including a draft of the new ...
The latest draft form eliminated asking US taxpayers the time of day a crypto transaction occurred and identifying the “broker type.” The United States Internal Revenue Service (IRS) has updated its ...
This tax year millions of independent workers will receive Form 1099-NEC in the mail or electronically — prompting questions of what it is and how to use it for taxes.
Many taxpayers could receive Form 1099-K for the first time this season, according to the National Taxpayer Advocate. If you had more than $5,000 in business transactions from apps such as PayPal or ...
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