The Internal Revenue Service is offering an updated way to handle problems with the Form 8949, which has been having issues this past tax season. For Form 8949, “Sales and Other Dispositions of ...
Those who are fortunate enough to be successful investors generally know that when it comes time to cash in on their profits, the IRS is ready and waiting for its share. Capital gains taxes are ...
With the explosive volatility of Bitcoin and other cryptocurrency prices over the past few years, you may be sitting on some sizable capital gains or losses. You’ll need to report those to the IRS ...
Last year was ugly for cryptocurrencies. Even before the demise of the FTX and other cryptocurrency exchanges that have since declared bankruptcy, crypto was stressed. For many investors, the FTX ...
Forbes contributors publish independent expert analyses and insights. Leading writer and speaker in the area of trader tax benefits. As a CPA firm preparing income tax returns for active online ...
For many taxpayers, filing season 2011 began on February 14 last year, when IRS was first capable of receiving most electronically filed returns for tax year 2010. On February 13, 2012 one of my ...
Dealing with capital gains and losses has been a nightmare in recent years. Those who are fortunate enough to be successful investors generally know that when it comes time to cash in on their profits ...