Got a tip on a tax dodger? The IRS Whistleblower Office has updated Form 211, allowing tips to be submitted digitally for the ...
The IRS urges taxpayers to get organized now to take advantage of changes under OBBBA that could impact tax deductions and refunds in the next tax filing season.
A stock photograph of a 1099 Misc tax form. Photographed with the Canon EOS 5DSR at 50mp and the 100mm 2.8 L (IS) lens. Incorrect IRS Forms 1099 are a big tax worry. After all, Forms 1099 generally ...
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 ...
Congress enacted a rule to change the 1099-K threshold for your 2025 taxes, meaning you should only receive a Form 1099-K if you receive more than $20,000 in gross payments on third-party networks or ...
Closeup of Form 1099-NEC and 1099-MISC. The IRS has reintroduced Form 1099-NEC as the new way to report self-employment income instead of Form 1099-MISC as traditionally had been used. If you received ...
The Internal Revenue Service (IRS) has announced that it will be making it "easier" for whistleblowers to report tax noncompliance to the IRS, through the launch of a new digital form. The American ...
In the United States, paying your taxes is one of the most important tasks a citizen must stay on top of in order to avoid financial ruin. National Tax Day falls on April 15, the deadline for all ...
If you work as an employee, you’ll encounter two forms in the course of your employment: Forms W-2 and W-4. Your W-2 will report your earnings, benefits paid, and taxes withheld each year while the ...
Learn how to use IRS Form 4562 to claim depreciation and amortization deductions for business property. Understand the criteria, asset types, and filing process.
Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Millions of Forms 1099 are sent out every year. Most arrive in ...