Standard retirement account beneficiary forms may not be flexible enough to ensure your money passes to family members according to your wishes. Naming a trust as the contingent beneficiary can help ...

Taxpayers who opted for the Old Tax Regime (OTR) for FY2024-25 and claimed exemptions like HRA and Section 80C through their ...

Every year the misleading tax advice given on social media changes, but there are common threads that taxpayers can begin to recognize: it sounds too good to be true, it will save you thousands in tax ...

In need of some extra money? You might want to check your 2020 tax records. The IRS announced Monday that around 940,000 people in the U.S. have unclaimed refunds from 2020, “which total more than $1 ...

Marni Rose McFall is a Newsweek reporter based in London, U.K. Her focus is on internet trends, U.S. politics and popular culture. She has covered fashion, culture, art and music extensively. Marni ...

A classically trained French hornist by education, Nick Wolny is a managing editor at CNET Group, where he oversees the Perspectives franchise and written branded content across CNET Group's ...

IRS drops wallet addresses from its crypto tax reporting form. The revisions aim to simplify and protect taxpayer information. IRS gives a 30-day period for the public to comment on the draft form.

The U.S. Internal Revenue Service (IRS) has released an updated draft version of the tax form crypto brokers and investors will use to report proceeds from certain transactions, the 1099-DA. Beginning ...

The Chamber of Digital Commerce proposes adding a field to the form for brokers to indicate if a digital asset has a different tax rate to prevent errors and ensure accurate reporting. The Chamber of ...

The IRS has revised Form 8915-F, “Qualified Disaster Retirement Plan Distributions and Repayments.” The form is used to report on distributions made in response to qualified disasters. The revised ...