Knowing the difference between a 1099 vs W2 employee classification is key for filing taxes. Employees receive a W-2 and ...

If you earned at least $10 in income from interest, you'll receive Form 1099-INT during tax season. Here's how to use this ...

I receive several dozen Forms 1099 for my business income and investments. Does the IRS really have the ability to track all that information? Do I have to save them all for ...

The IRS issued a stark warning to millions of Americans who may have overpaid their taxes - time is running out to reclaim ...

There’s a new tax form coming your way for the 2025 tax year. Form 1099-DA will make filing your capital gains taxes on ...

Completing and sending required income tax paperwork to the IRS can be a complicated and sometimes costly process. To get it done, you may use tax software companies such as TaxAct or Turbo ...

Tax season is here, and free help is available in D.C., Maryland and Virginia to help you file your taxes. The tax season ...

In the U.S., many people file crypto taxes using 1099 forms. This guide covers the various 1099 forms you should know about.

E very year as the tax deadline approaches, people want to know the last-minute things they can do to lower their bill. The honest answer is there’s rarely anything. The 2024 ta ...

The Tax Court imposes a $25,000 frivolous-position penalty for persistent omission of wage and rental income. The Tax Court ...

Learn how to file your crypto taxes in the US for the 2024–2025 season. Understand IRS rules, reporting requirements and ...

You can only get the full array of advice by subscribing to the Tax Letter, but we will regularly feature snippets from it online, and here is one of those samples… IRS finally provides clarity ...