Rules and reporting requirements depend on whether the cash is income or a gift, how much money changes hands and if you're ...

Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require ...

Complying with those requirements is impossible if DeFi is to remain what it is, because complying with those requirements ...

The Internal Revenue Service issued final regulations for sales and exchanges of digital assets on the new Form 1099-DA for decentralized finance brokers, along with transition relief.

The new requirement, which is being implemented after a two-year delay, applies to such P2P apps as PayPal, Venmo, and Block ...

Crypto reporting ... traders, banks, wallet hubs and taxpayers are still trying to digest the regulations and decide what is necessary to comply. "I think it's flown under the radar for a lot of ...

Small businesses and freelancers using payment platforms like Venmo and PayPal will face new IRS reporting requirements this tax season, with income thresholds gradually decreasing over the next ...

Freelancers making $5,000 from third-party payment apps will be required to report it on their taxes. The Internal Revenue Service (IRS) now requires freelancers to report payments of $5,000 and ...

Some taxpayers who didn’t receive Covid-19 stimulus check funds they were due can expect to receive money from the IRS. Here’s what to know about the payments.

The IRS delayed this new reporting requirement in 2022 and again ... and instead is used as a way to transfer money between bank accounts. If you are paid for your freelance or small business ...