The Latest Breaking News from IRS

By Abigail Perry Crypto is still a relatively new investment opportunity, and there are still many unanswered questions about how it fits into our tax laws. Well, the bad news for crypto investors: it is taxable. Despite being a digital asset, the IRS considers cryptocurrency holdings 'property'. This means they…

Washington is the first state to give guidance on NFTs and sales tax.

A new government watchdog report finds that while most Americans are eligible to file their taxes for free, only a fraction use the services provided through the government

For small-business owners, preparing an income tax return is far from simple, which can increase the chances of making a mistake

Amgen Inc (NASDAQ: AMGN) has recently received a notice of deficiency from the Internal Revenue Service centered on 2013 to 2015. 

Plus: How misinformation spreads, ignoring inflation, and more...

Consumers can get caught out if they do not disclose information to their insurers, but consumer groups argue they cannot rely on the insurance industry's central database, which is riddled with errors.

Reports used by industry to evaluate customers often missing claims or had incorrect figures and could take as long as a month to obtain

Anyone waiting on a delayed tax refund from the IRS may not want to look to Congress for a speedy solution.