Institute sent a letter requesting an extension on a deadline for disclosing information about transactions that the IRS ...

Plus: Soccer under the tax microscope, understanding why you might not be getting a refund, ChatGPT, tax audit statistics, ...

An audit occurs when the IRS chooses to review a taxpayer’s accounts and financial information to ensure the taxpayer reported all required income and followed all tax laws. The IRS typically audits ...

Below are five common missteps that often catch crypto investors off guard — and how you can stay compliant. Neglecting ...