As long as the total of your liabilities exceeds the value of your assets when your debt is canceled, you may claim the ...

Form 1099-DIV is essential for reporting dividends, capital gains, and certain distributions to the IRS and recipients. Understanding its rules, deadlines, and available filing methods helps reduce ...

The marketing around social casinos has done its job. Many of the players using these platforms have come to assume that the ...

The IRS has raised the Form 1099-NEC reporting threshold to $2,000 for 2026, impacting businesses and self-employed individuals who pay or receive nonemployee compensation. Understanding the filing ...

Freelancers and gig workers in New Bern face a unique tax situation compared to traditional employees. Instead of having taxes automatically withheld from each paycheck, they are responsible for track ...

Asmongold, one of the world's most-watched streamers, opens up about his earnings, sharing details that might surprise many ...

That means that women, in many cases, stand to be the ones losing assets in divorce proceedings. As it stands now, about 40% of first-time marriages end in divorce, and the rates are much higher for ...

Taxing authorities’ use of these new tools and capabilities requires corresponding adoption by tax professionals.

The easiest way to find out whether you owe back taxes is by pulling IRS internal transcripts online through your IRS Online ...

Thinking of adding oil ETFs to your portfolio? Learn the crucial factors every investor should know before buying these ETFs.

A $40,000 salary works out to about $19 an hour: a lower-middle wage range for careers like delivery drivers, bank tellers, ...

A new study using actual IRS data found only 32-56% of US crypto owners report gains. Here’s what the data reveals and what it means for your tax exposure.