Articles

Bitcoin, Ethereum, Ripple coins and memory card.

What is virtual currency?

 The IRS explains that virtual currency is treated as property for Federal income tax purposes and provides examples of how ...
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Credit cards in various colors and designs.

How taxpayers can protect themselves from gift card scams

 Taxpayers should be aware of gift card scams and take steps to protect themselves. Scammers may target taxpayers by asking them ...
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Tax return documents with reminder note.

Get ready for tax filing season 2025

 As tax filing season approaches, the IRS Get Ready campaign reminds taxpayers of simple steps they can take now to get ...
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Electric car charging with an orange cable.

Credits for new clean vehicles purchased in 2023 or after

If you placed in service a new plug-in electric vehicle (EV) or fuel cell vehicle (FCV) in 2023 or after, you ...
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"Open sign hanging in a store"

What people need to know when starting a business

The IRS knows that understanding and meeting tax obligations is vital to the success of all businesses, especially a new ...
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People exchanging wrapped gifts indoors.

Gifting and Donating Virtual Currency

It is the season of giving, but what happens if you are gifted or make a charitable donation in virtual ...
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