Prediction markets like Kalshi and Underdog may offer significant tax advantages over sports betting under the IRS 60/40 rule ...

President Trump on Thursday signed an executive order​ to reclassify marijuana. While it might seem like a small move, it opens a new door for the industry as a whole.

"When they hear that President Donald Trump signed an executive order 'rescheduling marijuana,' a lot of Minnesotans might ...

When the IRS first put out Publication 590-B in 2021 for the 2020 tax year, it offered an example that implied someone (a non-exempt beneficiary) who was subject to the new 10-year rule had to make an ...

In a party-line vote, the Legislative Council voted to reject a tax conformity legislative request from Sen. Jeff Timberlake, ...

President Donald Trump has made a sweeping change to marijuana policy, signing an executive order to classify cannabis as “a less dangerous substance” on Dec. 18. This change ...

Tax season is about to collide with one of the biggest rewrites of the code in years, and the result could be a noticeably different refund for millions of filers. Between routine inflation ...

President Donald Trump signed an executive order Thursday reclassifying marijuana from a Schedule I drug to a Schedule III drug.

If you receive Social Security benefits, keep in mind that you likely need to pay taxes on that money. Like many parts of the ...

Long-term capital gains tax is applied to investments that have been held for over a year before being sold for a profit.

According to The White House, the order directs the attorney general to “complete the rulemaking process” to move marijuana ...