Prediction markets like Kalshi and Underdog may offer significant tax advantages over sports betting under the IRS 60/40 rule ...

The IRS does not count animals as dependents. Instead, the federal government views them as property. Dependents are often ...

The U.S. tax code rewards planning and documentation—not procrastination. By taking action before December 31, you can ...

Nana Ama Sarfo questions whether two tax proposals targeting the digital economy could be targeted as discriminatory ...

A New York lawyer is challenging the IRS in federal court. She wants to claim her golden retriever, Finnegan, as a tax ...

Notice 2026-1 (the Notice) provides important guidance under Section 45Q of the Internal Revenue Code of 1986, as amended (the Code), for taxpayers claiming that carbon oxides are stored in secure ...

BOXX uses box spreads with European-style SPX options to synthetically replicate T-bill returns. Click here to find out why ...

Taxpayers must disclose foreign assets and income in revised ITR by December 31. Failure to report can lead to penalties.

A New York woman has filed a federal lawsuit against the Internal Revenue Service (IRS), arguing that her golden retriever ...

HRA forms part of an employee’s salary package and is intended to offset rental housing costs. Although HRA is treated as ...

Green Thumb, Tilray, and Trulieve will be helped by rescheduling marijuana, but investors should also consider other factors. These cannabis companies could soon see more green thanks to the president ...

Discover how IRS Publication 557 can guide your organization to secure and maintain tax-exempt status, ensuring compliance with essential IRS regulations.