A reminder from the IRS: If you used a broker to sell or dispose of digital assets such as cryptocurrency or nonfungible tokens (NFTs) after Jan. 1, 2025, ...
Missing a W-2 or 1099 this tax season? If your Form W-2 or Forms 1099 aren’t available by the Feb. 2, 2026, deadline for most of these forms, or if the i...
Tax filing season started on Jan. 26, and for many taxpayers, that means a federal tax refund. If you file electronically, the IRS usually processes refund...
Do you have an IRS Individual Online Account? If not, the IRS is encouraging you to create one. Taxpayers with an account can securely access their tax inf...
A vacation home, rental property or future retirement residence may play an important role in your long-term plans. However, if you hold properties across ...
At the start of the new year, your finance and accounting (F&A) department is under a microscope. Budgets, forecasts and strategic plans are top of mind, a...
Financial statements aren’t built solely on fixed numbers and historical facts. Many reported amounts rely on accounting estimates — management’s bes...
Several observers, including the National Taxpayer Advocate, have warned that staffing cuts and new tax laws may hinder the IRS this filing season. But the...
Employer reimbursements for bicycle commuting costs, such as purchases, repairs and storage, remain taxable income to employees. That’s because the suspe...
The National Taxpayer Advocate, Erin Collins, recently issued her 2025 Annual Report to Congress. In it, she warns that the combination of staff reductions...