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IRS Broker Rule Explained: Key Implications for Crypto Tax Reporting and AccountingIn July 2024, the Internal Revenue Service (IRS) finalized regulations concerning the reporting of digital asset transactions by brokers, introducing a new rule to increase oversight and reduce ...
FRESNO, Calif. (KFSN) -- Valley Democrat Jim Costa has signed a forceful letter, deciding to face off with the Trump administration as the IRS begins cooperating with the Department of Homeland ...
The IRS set the $67 user fee in final regulations issued in September 2019. Before that, the IRS issued closing letters free of charge. The fee is subject to a biennial review of the costs of ...
On Jan. 8, 2025, the IRS issued updated 2025 General Instructions for Certain Information Returns, which included instructions for Form 1099-DA. What is Form 1099-DA? The new crypto tax form for ...
The IRS on Thursday unveiled 2026 contribution limits for health savings accounts, or HSAs, which offer triple-tax benefits for medical expenses. Starting in 2026, the new HSA contribution limit ...
"The problem is that, especially when the money is being stolen out of retirement funds, there's a Form 1099-R that comes out of the brokerage," he explained ... "This guidance from the IRS changes ...
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