Q: I just sold my house and moved into a 55-plus community. I paid an entrance fee to the community and now pay rent on my ...

Misclassifying W-2 employees as 1099 contractors has severe penalties. Learn the biggest difference between the two types of ...

Typically, this information gets reported using an IRS tax form called the 1099-K. The Form 1099-K is a reporting form meant specifically for transactions made through third-party network ...

Cryptocurrency has become a significant part of the financial landscape. As its adoption grows, so does the importance of understanding tax obligations. Proper ...

Required minimum distributions loom for millions of seniors who have reached age 73. These distributions from retirement ...

President Biden's administration has been successful in forgiving student loan debt for over 5 million borrowers, despite the ...

While most IRA distributions are taxable, QCDs avoid taxation if they are sent directly to a qualifying charity by the IRA ...

These earnings were already taxable so this is not a change in tax law, but rather just a reporting change. In order to report these earnings and transactions, you'll need to file Form 1099-K.

The price of bitcoin is soaring. There’s a key deadline for crypto investors to avoid a higher future tax bill.

“The tax benefits of a 529 plan vary by state. Many states offer a tax deduction for contributions made within the year, ...

As travelers head to the airport this holiday season, they may notice reminders about a new requirement to fly coming in 2025 ...