In a January news release, the IRS reminded taxpayers that they once again must answer a digital asset question and report all digital asset-related income when they file their 2023 income tax return.
The IRS noted that it has included a crypto question on the following four additional tax forms ahead of the filing season:
Form 1041, U.S. Income Tax Return for Estates and Trusts
Filing season may be over, but your tax position can still change. Learn why a post-filing review and proactive tax planning matter for the year ahead.
Filing an extension gives you more time to file, not more time to delay. Learn how to use the extension period for smarter tax planning and better outcomes.
Comprehensive guide to strategic tax planning for business owners. Learn how to reduce tax liabilities, optimize entity structure, maximize deductions, and leverage retirement accounts for long-term wealth building. Includes 2025 tax updates and implementation strategies.
OBBBA changes 2026 charitable deductions: itemizers face 0.5% AGI floor, nonitemizers get $1,000/$2,000 deduction. Learn new strategies to maximize benefits.
California's 2026 employment updates: $16.90 minimum wage, local variations, pay transparency (SB 642), personnel file rules (SB 513), and new notices.
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