Learn how to deduct crypto accounting software costs on taxes. Explore IRS rules, business vs. personal use, eligibility, ...

Capital gains are taxed in the taxable year they are "realized." Your capital gain (or loss) is generally realized for tax purposes when you sell a capital asset. As a result, capital assets can ...

Los Angeles is sending business tax notices to traders. Learn why gross receipts may be $0 and how to respond to BTRC letters.

Q: I plan on purchasing gold coins for investment and possibly provide gifts to some relatives. What are the tax considerations if there are increases in value. A: An excellent source for this issue ...

Dear Savvy Senior: Do I have to pay taxes on my Social Security retirement benefits? I heard that President Trump’s big, beautiful bill eliminated that. What can you tell me? — About to Retire Dear ...

The federal estate tax exemption increased again for 2025. Although the higher, IRS-inflation-adjusted number, announced last fall, may not have come as a surprise to most. However, 2025 is a pivotal ...

Ben Mayfield does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their ...

Many taxpayers are confused about Form 10-IEA, which is required for opting in or out of the new tax regime, especially those with business income using ITR3 or ITR4. Missing the filing deadline ...

Do I have to pay taxes on my Social Security retirement benefits? I heard that President Trump’s "Big Beautiful Bill" eliminated that. What can you tell me? No, the new law, better known as the "One ...

Income tax e-filing AY 2025-26: The Income Tax Return (ITR) filing season is going on in full swing, and crores of taxpayers must have plans to file their returns over the next six days before the ...

The state’s sales tax and flat-rate income tax should be eliminated and replaced by a graduated-income tax rate, based on the taxpayer’s ability to pay, because those taxes are overtaxing low-income ...

Natalie Peng does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their ...