Taxpayers must disclose foreign assets and income in revised ITR by December 31. Failure to report can lead to penalties.

What will the extra lucky winner do with their $1.70 billion Powerball Jackpot? The odds of winning the jackpot are 1 in ...

Accounting is riding a steady wave of tax prep work and individual and business tax consulting, according to a new survey — but challenges loom in the form of pricing questions (and intense internal ...

A complete guide to global crypto taxes in 2026. From the U.S. and EU to Asia, LATAM, and emerging markets—see how each ...

Tax software pricing isn’t as simple as “free vs paid” - especially in 2026. TurboTax, H&R Block, TaxAct, and TaxSlayer all use tiered pricing models, where the final cost depends on the forms you ...

The purchase price is what an investor pays for a security. It is the main component in calculating the returns achieved by the investor.

In 2024, legalization states collectively generated a record-setting $4.4 billion in cannabis tax revenue from adult-use sales.

Discover how IRS Form 1065 helps partnerships report income and deductions. Learn how it’s crucial for completing partners’ tax returns with Schedule K-1 allocations.

Learn how crypto is taxed under the latest U.S. rules. Covers trading, staking, DeFi, NFTs, mining, payments, and new IRS reporting requirements.

The IRS has released its guidance for the "no tax on tips" and "no tax on overtime" provisions of the One Big Beautiful Bill Act (OBBBA), for workers who can claim the deductions for the 2025 tax year ...

Thanksgiving Day will see families all over gather around the table to share laughs, meals and of course, watch some NFL and college football. The NFL has been playing games on Thanksgiving since the ...

The IRS has released new tax brackets for 2026 that will impact all U.S. taxpayers. The adjustments are made annually to prevent “bracket creep,” when inflation forces taxpayers into higher brackets, ...