Kelly Phillips Erb is a Forbes senior writer who covers tax. The Internal Revenue Service (IRS) has released the very-probably-unless-Congress-does-something-soon final version of Form 1040, U.S.
The IRS announced Thursday that taxpayers will be able to electronically file Forms 1040-X, Amended U.S. Individual Income Tax Return, “later this summer” (IR-2020-107). According to the IRS, making ...
In 2014 the IRS issued Notice 2014-21 (“Notice”) regarding the application of the Internal Revenue Code to transactions using virtual currency. The IRS advised that virtual currencies which could be ...
The IRS has released the 2020 draft form, and it includes the question about whether a taxpayer invested in cryptocurrency or not near the top of the first page. This question first appeared for the ...
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