The IRS introduces Form 1099-DA, creating the first standardized system for reporting crypto and NFT transactions starting in 2025.

A new tax deduction for tip income is available for 2025 federal income tax returns. Learn the new form to file, who ...

For years, the IRS planned to lower the 1099-K reporting threshold to $600 for business transactions processed through third‑party platforms. After multiple delays, the IRS announced a phased approach ...