Freelancers and side hustlers who made over $5,000 via third-party payment apps in 2024 will receive tax form 1099-K. Here's ...

On December 4, the Treasury Department (Treasury) and the Internal Revenue Service (IRS) released final regulations providing further guidance ...

ProPublica’s “Secret IRS Files” series contains examples of billionaire financiers who avoided Medicare tax despite earning ...

The Internal Revenue Service (IRS) has announced significant changes to Individual Retirement Accounts (IRAs) and 401(k) ...

"Generally, yes, losses incurred from trading options are considered short-term capital losses depending on the length of ...