Tax

Under IRS rules, donors can both deduct the value of the gift and avoid any capital-gains tax on the investment.

Just a little off; handling online reviews; a star EA; and other highlights from our favorite tax bloggers.

The Internal Revenue Service updated its frequently asked questions page on higher education emergency grants for pandemic-related financial aid, with new information for students and educational institutions.

The service has overhauled Form 14457 as it cracks down on the use of cryptocurrencies like Bitcoin to evade taxes.

The maker of TurboTax software reduced its fiscal second-quarter revenue forecast on a “slower forming tax season.”

Rich investors with sizable business losses are caught in pandemic tax hell amid IRS delays.

Joshua Jarrett hopes to make the IRS clarify its position on the taxability of the rewards.

Harold Hamm executed one of the largest wealth transfers in U.S. history last week, handing each of his children a stake worth about $2.3 billion in Continental Resources Inc.

The page aims to provide the latest about the current tax season, and the agency’s efforts to deal with the backlog of millions of previously filed returns.

Crypto miners and stakers will be exempt from rules requiring digital-asset brokers to turn over information on their clients’ transactions to the IRS.