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When market investors suffer losses — or get taken for a ride — they're often eligible for a tax write-off to soften the blow. Users of the bankrupt crypto exchange FTX won't be so lucky.
By Alexis LeondisNovember 18 -
There's no sugarcoating the stock market's 20% plunge, but there is a small consolation prize: one of the best opportunities in years to lower tax bills.
By Alexis LeondisOctober 31 -
Investors in digital assets have been pummeled recently by the longest losing streak since 2011, but if they act promptly, they can cut their tax bills.
By Alexis LeondisMay 31 -
Americans are still benefiting from a raft of pandemic relief measures that are contributing to the biggest tax refunds seen at this point in the filing season in more than a decade.
By Alexis LeondisMarch 24 -
The IRS is going after the gig economy, dramatically lowering the threshold for reporting income outside traditional workplaces.
By Alexis LeondisFebruary 9 -
The government has worked hard over the past decade to stop Americans from hiding bank accounts offshore. But not hard enough.
By Alexis LeondisDecember 3 -
Here's a rundown of the most important changes poised to take effect five weeks from now, and how to take advantage of them or at least minimize the pain they could cause.
By Alexis LeondisDecember 1 -
The uber-rich are already using a trick to avoid paying the higher taxes proposed by Democrats, but it won’t work for the moderately.
By Alexis LeondisSeptember 13 -
A misstep could result in not getting compensated correctly, or creating potential trouble with the IRS.
By Alexis LeondisAugust 30 -
More than 100,000 people who used to work or live in the state have received notices asking why they paid less to the state than they have in years past.
By Alexis LeondisAugust 18