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IRS Issues First Draft of Cryptocurrency Reporting Form | JD Supra
JD Supra· 12 hours agoThe IRS appears to be on the verge of changing the way digital asset (i.e., cryptocurrency) transactions are reported for federal tax purposes. On April 19, 2024, the < ...
New IRS Tax Form for Digital Asset Broker Reporting | JD Supra
JD Supra· 2 days agoThe IRS released a draft of a new tax form, Form 1099-DA, that brokers will use to report proceeds from certain digital ...
IRS announces tax-free payments for thousands
Newsweek· 6 days agoThe Internal Revenue Service (IRS) made the announcement on Wednesday, after determining that a derailment qualifies as "an event of a catastrophic...
JD Supra: I Made a Mistake on My Taxes – Now What Do I Do?
JD Supra· 4 days agoMistakes happen, and the tax law can be complex and ambiguous. The question becomes, what does a taxpayer do if they discover a mistake on their tax return? Should an amended tax return be filed ...
2024 Regulatory Updates for Small Businesses | Jax Daily Record
Jacksonville Daily Record· 6 days agoThis year has been a year of significant changes for small businesses. Major changes in regulations,...
Reasons You Can or Can’t Be Taxed on Student Loan Forgiveness
GOBankingRates via Yahoo Finance· 4 days agoWhether you've recently benefited from Biden's student debt discharges or are on a payment plan that...
East Palestine residents won’t have to pay taxes on some Norfolk Southern payments, IRS says
The Cleveland Plain Dealer· 7 days agoEast Palestine residents won’t pay taxes on most of the payments they received from Norfolk Southern...
Not Sure How Much Money You'll Make This Year? Here's What to Know About Your IRA Contributions
SmartAsset via AOL· 7 days agoContributing money to a traditional or Roth IRA can help you save money for retirement on a...
U.S. Bank promotions in June 2024
CNN.com· 6 days agoMost major banks have ongoing promotions that can change over time, and U.S. Bank is no exception. At the moment, it’s possible to earn anywhere from...
Top CD rates today: Top rates remain competitive — June 6, 2024
USA Today· 6 days agoCertificates of deposit (CDs) can be valuable options for savers looking to earn good returns on...