Selling gold can trigger tax obligations. Here's how the IRS tracks those transactions and what you need to report.

Discover steps to reconstruct vital tax and property records post-disaster to secure relief and insurance claims, along with ...

The enhanced deduction for seniors applies on 2025 tax returns to adults born before Jan. 2, 1961. If you're 65 or older now, you can claim an additional deduction of up to $6,000 or $125,000 for ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Owners of rental properties, take note: your reporting ...

Child care is expensive — and if you’re paying for care so you can work or look for work, the IRS does offer a meaningful tax break. IRS Form 2441 is how you claim the Child and Dependent Care Credit, ...

As tax season opens, the IRS' internal watchdog warns that certain taxpayers could have problems in 2026. Processing could be smooth for taxpayers who file an electronic, error-free return with direct ...

(NEXSTAR) – Just days after the start of the 2026 tax filing season, a looming government shutdown could disrupt IRS funding starting this Saturday. Should Congress fail to pass the currently-proposed ...

Reporting cryptocurrency on your taxes is changing for the 2026 tax season. This year, the IRS is introducing a new dedicated crypto tax form called 1099-DA for all "digital asset proceeds from broker ...

Forbes contributors publish independent expert analyses and insights. Guinevere Moore is a civil and criminal tax litigator. I’m hearing from multiple taxpayers every day who receive canned ...

As tax season kicks off, families with minor children can now register for Trump accounts. To open the account, an election must be made on IRS Form 4547. Form 4547 can be filed separately or with ...

Got your W-2s ready? Today, the IRS will begin accepting 2025 tax returns for the 2026 tax filing season. “The Internal Revenue Service is ready to help taxpayers meet their tax filing and payment ...