House for Sale by Owner, Forest Hills, Queens, New York. (Photo by: Lindsey Nicholson/UCG/Universal … [+] Images Group via Getty Images) UCG/Universal Images Group via Getty Images After reportedly not being able to sell his DC area mansion, former NFL owner Dan Snyder donated his $35 million mansion to charity. That’s a nice tax write-off,
A new IRS form will help the collection agency better monitor taxpayers getty Overview On April 18, the Internal Revenue Service released the draft version of Form 1099-DA—Digital Asset Proceeds From Broker Transactions—its first tax form specifically designed to collect crypto users’ identities and detailed transaction data. The form was issued in conjunction with proposed
A finding by the court-appointed special monitor overseeing former U.S. President Donald Trump’s fraud case in New York placed questions about a loan acquisition—and potential tax evasion—back into the spotlight over the weekend, with a tax attorney saying the Republican appeared to have fabricated the loan. Former federal judge Barbara Jones wrote to Manhattan Supreme
The Internal Revenue Service has revised the question it has asked in recent years about income from digital assets such as cryptocurrency on the Form 1040 for individual taxpayers this tax season and added it for the first time to tax forms for estates, trusts, partnerships and C and S corporations. The question now appears