from24/7 Wall St.2 days agoRetirementMy IRAs will soon cover only what I spend - should I pause Roth conversions given the current tax rates?Current tax brackets for retirees are likely stable, allowing for strategic planning regarding Roth IRA conversions.
Cryptocurrencyfromcointelegraph.com1 month agoHow to file crypto taxes in the US (20242025 tax season)US crypto investors are required to accurately report all transactions to the IRS by April 15, 2025.
Remote teamsfromCNET1 month agoWork From Home? Read This Before Claiming the Home Office Tax DeductionRemote workers often cannot claim the home office deduction due to IRS classification rules.
Tech industryfromFast Company2 months agoDid you get a 1099-K? New IRS rules will impact millions of gig workers and freelancersGig workers are increasingly using cash apps for payments, leading to widespread issuance of 1099-K forms due to a lower earnings threshold.
Miscellaneousfrom24/7 Wall St.2 months agoConsidering Early Inheritance? How to Navigate Gift and Estate TaxesEstate taxes present an unfair challenge for families looking to pass on wealth, often leading to asset sales.
CryptocurrencyfromTechCrunch4 months agoCrypto industry groups sue IRS over broker reporting rule | TechCrunchCrypto industry groups are suing the IRS over new reporting rules for decentralized finance entities, arguing it infringes on privacy rights and misclassifies their role.
MiscellaneousfromZDNET4 months agoDo you get paid through Venmo, CashApp, or PayPal in 2024? The IRS will knowPayment platforms will report transactions to the IRS, changing tax obligations for many.For 2024-2025, the reportable amount is $5,000, dropping to $600 in 2026.