If you own rental property, you’ll need to file a Schedule E tax form with the IRS to report rental income income or losses. Schedule E is filed along with your Form 1040 individual income tax return.

The Financial Accounting Standards Board released an accounting standards update Monday to improve financial reporting by requiring public companies to disclose, in their interim and annual reporting ...

Dean McDermott revealed his estranged wife Tori Spelling's alleged income as their divorce moves forward. An income and expense report obtained by Us Weekly was filed in Los Angeles Superior Court on ...

If you're a new real estate investor, you might ask yourself, "Will the IRS know about my rental income?" The answer is simple: Yes, the IRS will know if you have rental income. And if you try to ...

Tori Spelling’s monthly income was revealed in a court filing amid her divorce from her estranged husband, Dean McDermott. In an income and expense report filed on Sept. 5 in Los Angeles Superior ...

A side hustle is a great way to bring in extra income outside your regular job. But, just because you’re earning a little extra cash on your terms doesn’t mean you aren’t responsible for paying income ...

In December, the column “Tax Practice Corner: Short-Term Rentals, the Sharing Economy, and Tax,” covered the income tax implications for CPAs’ tax clients who rent out their properties on a short-term ...