With the passage of the U.S. infrastructure bill in November, “crypto brokers” (i.e., cryptocurrency exchanges and other third parties that facilitate the transfer of digital assets) will be required ...
While January 31st was a key deadline for filing Forms 1099-NEC, W-2, and other 1099 tax forms, many businesses need to prepare for another essential tax deadline-February 18, 2025. The February 18, ...
Here's what you should know about the form 1099-B, Proceeds From Broker and Barter Exchange Transactions: A form 1099-B, Proceeds From Broker and Barter Exchange Transactions, is issued to taxpayers ...
Some brokerage customers of Fidelity Investments won’t receive Forms 1099-B until after the newly extended Feb. 17 general deadline for sending out the information returns, the company said Thursday.
Arguably, one of the largest developments affecting the digital asset industry this year comes from a sleepy corner of the tax law. In August, the Department of the Treasury and the Internal Revenue ...
Kathy ~ Help! My Dad transferred money to each of his grandchildren in the amount of $10,000 several years ago for their college funds. I recently learned that this money is part of a trust. My ...