Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, has introduced enhancements to its professional tax planning toolkit with the launch of TaxPlanner, available through ...

Financial advisor fees are not tax-deductible now, but there are still tax benefits from working with an advisor.

Forbes contributors publish independent expert analyses and insights. Shehan Chandrasekera is the leading expert on cryptocurrency taxes. Today, the IRS released the highly-anticipated & controversial ...

The IRS released a draft of a new tax form, Form 1099-DA, that brokers will use to report proceeds from certain digital asset transactions. The draft Form 1099-DA can be found on the IRS website and ...

The U.S. Treasury Department has finally unveiled its definition of a "broker" for the crypto industry, defining how crypto companies and investors will need to meet tax reporting obligations and ...

The Internal Revenue Service (“IRS”) recently finalized Treasury Regulations (the “Final Regulations”) and published two notices and a Revenue Procedure (the “Transitional Guidance”) for broker ...

Make sense of the new rules for digital asset reporting, including transition relief for 2025 and safe harbors going forward.

The final regulation treats DeFi front-ends as brokers, demanding the disclosure of gross proceeds from sales of digital assets. The United States Internal Revenue Service (IRS) has issued final ...

Tax reform uncertainty is forcing high-net-worth investors to act now, not later. Many advisors aren’t waiting for legislation; they’re maximizing existing exemptions and restructuring wealth ...

GREENWICH, Conn.--(BUSINESS WIRE)-- Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, has launched the Investeringssparkonto (ISK), a tax-advantaged and easy-to-manage ...