Discovering the complexities of tax regulations surrounding NFTs has become crucial for creators, investors, and enthusiasts alike. In this comprehensive guide, we delve into the IRS Notice 2023-27, shedding light
Discovering the complexities of tax regulations surrounding NFTs has become crucial for creators, investors, and enthusiasts alike. In this comprehensive guide, we delve into the IRS Notice 2023-27, shedding light
Learn how the IRS is adapting to the changing landscape of digital currencies and what it means for taxpayers. Discover the recent updates to IRS guidelines on virtual currency treatment
Nonprofits must stay compliant and aware of their tax responsibilities when legally engaging with independent contractors. IRS reads employees and independent contractors differently, so Non-profits must be conversant with 1099
When it comes to filing taxes, Form W-2 plays a crucial role. It is the form employers must use to report wages and other compensation paid to their employees for
If you sell stocks, bonds, commodities, or other investments through a broker, you must be familiar with Form 1099-B. This form is used by the Internal Revenue Service (IRS) to
The Internal Revenue Service is warning taxpayers about an emerging scam involving Form W-2. Fraudsters are asking people to use wage information on their tax returns to claim false credits
The dreading thought of the Internal Revenue Service (IRS) sending B-notices and proposed penalties to businesses can be greatly minimized with TIN matching. Learn how to use TIN matching to
Employment laws protect workers, but they can also create a lot of headaches for startups who don’t know the ins and outs of them. As an entrepreneur or startup, it
Being a small business owner comes with many responsibilities, one of which is understanding 1099s. Because 1099s are an important part of filing taxes, it’s essential to understand what they
The Internal Revenue Service (IRS) classifies workers into two categories. 1099 and W-2 employees have different rights, responsibilities, and tax implications. As a business owner, understanding the differences can help