HMRC now requires crypto exchanges to report full transaction and tax residency data for UK users starting January 1.

Gross profit increased by 45.03% to $1,194,209 for the six months ended June 30, 2025 from $823,420 for the six months ended June 30, 2024. Gross margin was 33.97% and 39.83% for the six months ended ...

Learn how patronage dividends distribute profits in cooperatives. Discover their tax advantages and how member usage influences payouts.

Discover how IRS Form 1065 helps partnerships report income and deductions. Learn how it’s crucial for completing partners’ tax returns with Schedule K-1 allocations.

The city of Key West announced on Tuesday, Dec. 16, that special food bank funding is being dispersed to local charities who provide services that address food insecurity on the island. At a special ...

The addition of Form 990 Series filing expands the Tax1099 suite of IRS-approved e-filing solutions. Nonprofits and tax-exempt organizations can now e-file Form 990 series, including amendments, and ...

I know producers whose goal seems to be “Don’t pay any income taxes.” I tell these producers: “Paying tax is a good thing.” And I warn that if they are really successful with this no-tax strategy, ...

The headlines are relentless, loudly proclaiming that ­climate-fueled extreme weather has caused an insurance crisis, reflected in dramatic rate increases for homeowners and businesses. Some warn that ...

A disturbing number of social media viewers have apparently fallen for viral social media posts claiming that the US Internal Revenue Service (IRS) is asking all residents to disclose a list of their ...

The Trump Administration announced it is ending the IRS’s free tax filing program, Direct File, even though independent groups deemed it a success and users across the political spectrum rated their ...

The IRS urges taxpayers to get organized now to take advantage of changes under the One Big Beautiful Bill Act (OBBBA) that could impact tax deductions and refunds in the next tax filing season. As ...

Charities and not-for-profits face a range of risks, from lawsuits and property damage to cyber threats, making insurance a critical tool in managing organizational exposure. According to the ...