How Do You Report Cryptocurrency on Your Taxes?
Updated for tax year 2025 Digital currency wallets like Coinbase® have made it easy to invest in blockchain technology, such as…
Form 1099-OID: What It Is and How to Use It
When tax season rolls around, the tax forms you receive paint a detailed picture of your finances during the tax…
Filing Form 990: A Guide for Nonprofit Organizations
Taxes aren't anyone's favorite topic, but for nonprofit organizations, staying compliant with Internal Revenue Service (IRS) regulations is essential. IRS…
How Long to Keep Tax Records and How to Dispose of Them
Tax documents can take up a lot of space in your filing cabinet, but many of us are wary of…
Is Unemployment Compensation Taxable Income?
Unemployment benefits can be a vital support for those experiencing unexpected job loss. If you received unemployment compensation for the…
IRS Form 2848: A Guide to Power of Attorney for Tax Matters
When dealing with tax matters, you might need someone else to handle things for you. Whether you're facing an audit,…
Direct vs. Indirect Expenses: What’s the Difference?
Categorizing your business costs into direct expenses and indirect expenses is essential for tax purposes. But how do you know…
Cash App® Taxes Explained: 1099, IRS Rules & Filing
Cash App® is an easy way to send and receive money, but are there tax implications when using it? While…
Are Zelle® Payments Taxable?: Zelle® Taxes Explained
Services like Zelle® are a quick, convenient, and accessible way to send and receive money without needing a trip to the…
PayPal Taxes: How PayPal IRS Reporting and 1099 Rules Work
Using PayPal® makes sending and receiving money easy, whether you’re splitting dinner, running a small business, or getting paid as…