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

Anyone who earned over $5,000 in income through third-party apps will receive a 1099-K tax form to file with your tax return.

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

A new report reveals how the world’s richest man, and close Trump ally, failed to meet a basic IRS rule last year.

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

The year was packed with developments for health and welfare benefits plans. Our Health Benefits Team reviews 2024, from new ...

The Justice Department’s inspector general has put to rest Republicans’ favorite conspiracy theory about the January 6 ...

"Very simply, it adds to the tax burden of those who inherit an IRA or a qualified workplace retirement savings plan," said ...

Nancy Pelosi is reportedly working behind the scenes to ensure that Alexandria Ocasio-Cortez doesn’t secure one of the ...

The Democratic representative has gotten support from a surprising place for her leadership bid in a top House committee.

Do you consider yourself a resident of two states? If so, then figuring out tax rules can be understandably tricky, especially when you think about how that affects your taxes. Here's an overview ...

Before making a gift to someone, it’s important to understand how it will be taxed and the IRS’s annual and lifetime gift tax ...