The House of Representatives and the Senate have both proposed changes in the reporting thresholds for Form 1099-K and Form ...

The current version of the Senate bill would scale back the tax break outlined in the House’s version of the bill, which passed last month.

The bill might raise the endowment tax for Duke from 1.4% to 7%, and it could raise the tax by nearly 20 percentage points ...

Your annual income is the total amount of money a person or a business earns during the year. This includes all money ...

Tax season can be a stressful time for many people, with confusing forms, deadlines, and an overwhelming amount of financial ...

The version of the Republican megabill passed by the House last month includes a provision that ends an effort to get 1099-K ...

A business’ tax and benefit obligations are limited when a worker is a contractor. But misclassification can be costly.

In turn, REITs typically don't pay corporate income taxes because their earnings have ... This will all be broken down on the 1099-DIV that REITs send to shareholders yearly.

Along with the returns for your own business taxes ... Form 1099 covering a variety of payments to non-employees. The ones you're most likely to use in your business are the 1099-MISC and 1099-NEC.

In the case of taxable gifts, their value should be included as part of the employee’s wages on their Form W-2, and they are subject to income tax withholding. “If the employees are covered ...

The “big, beautiful bill” would pair huge cuts to food assistance and health insurance for low-income Americans with even larger tax cuts for ... not even had time to calculate how many ...