The United States Oil Fund LP (USO) provides liquid, exchange-traded exposure to oil futures, but comes with tax complexities ...
Learn how to fix errors, report missing forms, and stay compliant with the IRS before filing your 2024 tax return.
Fact Sheet 2025-08 goes into detail regarding the dollar threshold for filing Form 1099-K under the One, Big, Beautiful Bill ...
Form 1099-K is an IRS information return used to report certain payments to improve voluntary tax compliance. The requirement to file a Form 1099-K can be triggered when payments are received for ...
Learn how to safely invest in crypto ETFs in the USA 2025. Understand types, benefits, risks, and step-by-step methods to get ...
After years of uncertainty and changing requirements, the 1099-K reporting rules for 2025 are now set, and the thresholds ...
A 1099-K is an IRS tax form that reports payments you received ... Although the tax agency was attempting to implement the thresholds in stages, the back-and-forth made tax filing stressful and ...
My first thought is, “Not again.” I immediately curse my selfishness. Being called from a warm bed to tend to my father is a ...
How can you identify gaps and hidden assumptions in your tax plan for retirement? The solution may be stranger than you think ...
Political donations from an LLC to candidates, PACs, or campaigns are not deductible. Charitable contributions by an LLC are ...
Freelancers and gig workers enjoy the flexibility of managing their own schedules and choosing the projects they want to work on. However, this independence can come with a unique set of challenges, ...
While they won’t be charged federal taxes, borrowers in certain states may have to pay state income taxes on the forgiven ...