Here's why you may get a bigger tax refund this year
The federal government readjusts tax brackets and the annual standard deduction each year to keep up with inflation. One ...
You could see this tax form for the ‘first time ever' this season, taxpayer advocate says
You could receive Form 1099-K for business payments from Venmo or PayPal this season. Here’s what taxpayers need to know.
Tampa Bay man who never used Cash App receives 1099-K tax form for $9K in earnings
Clint and Lebra Johnson were stunned when they received a 1099-K tax form in the mail that showed Clint collected $9,306.57 through 427 transactions, all in November. The ...
The IRS Is Watching: 5 Red Flags That Could Trigger an Audit
The IRS is always on the lookout for tax returns that just don't make sense. Making these five errors can increase the ...
AARP offering free tax help in Greene County
They do W2's, 1099's, and even small businesses. The local coordinator for this program Keith Hanauer said that they will ...
Bill would remove language from state law that says EFA money is not taxable income
Some New Hampshire lawmakers want to remove language from state law that says the money in Education Freedom Accounts, the ...
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Will You Recognize the Form 1099-K When You Receive it This Year?
Will you recognize the Form 1099-K when you receive it from one or more third-party marketplace providers this year?  A few ...
6 Tax Scams and How to Avoid Them
Thieves take advantage of news events and your desire for a big tax refund to steal your identity and your money.
The Recipient Copy Deadline for 1099-B, 1099-S, and 1099-MISC is Approaching Fast: TaxBandits Makes Distribution Easy
Businesses must meet the February 18, 2025 deadline to furnish recipient copies of Forms 1099-B, 1099-S, and 1099-MISC (Boxes 8 and 10) ROCK ...
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1099-G Tax Forms Available for Claimants Who Received Unemployment Insurance Benefits
G tax forms are now available for claimants who received unemployment insurance (UI) benefits in 2024, the Illinois Department of Employment Security (IDES) announced today. Claimants who collected UI ...
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If You Use PayPal or Other Third-Party Apps for Your Business, Be Aware of This Tax Change
If you're a freelancer, side hustler or business owner who gets paid via PayPal or Venmo for your services, expect big changes this tax season. Third-party payment apps are now required to send ...
Tax forms reissued to Maryland residents whose sensitive data was sent to wrong addresses
An estimated 6,000 Marylanders who mistakenly received tax forms belonging to other residents due to an internal printer ...