How to report interest that the IRS has paid me?

When you are late in your payments, the IRS will ask you to pay them interest. When they are late in their refunds to you, they will return the favor…

How to report cryptocurrency gains?

Crypto are treated like investments like stocks and any capital gain/loss is reported on Schedule D. Here are some other points to know: The cost basis is the amount of…

What is a W-9 form?

An IRS Form is commonly used to collect information from freelancers, independent workers, or workers who aren’t employed in a company but have completed work. If you earn more than…

What types of income do I need to report?

If you are a US citizen, you need to report your worldwide income if you meet the IRS tax filing threshold. Why? The US is one of the two countries…

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