That said, if you held crypto all year without making any transactions, you won't need to report it as taxable income on your tax return. However, you will still need to check "Yes" on your tax return ...

The IRS is always on the lookout for tax returns that just don't make sense. Making these five errors can increase the ...

Thieves take advantage of news events and your desire for a big tax refund to steal your identity and your money.

There are three status updates which the taxpayer might see: “received return,” “refund approved,” or “refund sent.” If the ...

The IRS provides straightforward instructions with the form to help you get it right but always check with a tax professional if your tax situation is a little complicated and you're unsure. Article ...

So, what are your changes of being audited? Regardless of income, your chances of being audited are pretty slim. Of the ...

Errors can lead to delays in tax refunds. Certain mistakes can even turn a refund into an unexpected tax bill.

You pay your federal income tax liability through withholding from your paycheck, estimated tax payments (usually if you’re ...

Employers, for example, have a Jan. 31 deadline each year to mail W-2 forms that report an employee's income and withholdings. Many times, though, tax filers are able to get some of that information ...

Nonrefundable tax credits can only be used against taxes that you owe -- once your tax bill hits $0, you don't get the ...

The law, which is expected to be tabled in Parliament in the Budget session, will go to the Standing Committee on Finance for ...