Forbes contributors publish independent expert analyses and insights. Bruce makes the law and tax code understandable to everyone. Tax Season 2021 has begun. When you dig into your tax return for ...

The U.S. Internal Revenue Service may finally be close to more clearly stating how crypto assets should be taxed. In a draft form of the 1040 form for 2021 released on Wednesday, the tax agency has ...

ROCK HILL, SC / ACCESSWIRE / April 7, 2021 / As of March 17, 2021, the IRS has officially announced and confirmed the extension of the April 15, 2021 deadline for individual taxpayers. The deadline ...

The 1040 tax form is the one most people use for filing taxes. It’s not the easiest to understand, though. Form 1040 received an overhaul and revamp in 2018 designed to make it shorter and less ...

On March 3, 2021, the Small Business Administration (SBA), in conjunction with the U.S. Department of the Treasury, adopted an interim final rule (IFR) that: (1) allows individuals who file an IRS ...