The IRS views interest on a savings account as earned income, whether it's $1 or $1,000. So, if you received interest on a ...

Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert. She has been in the accounting, audit, and tax profession for more than 13 years, working with individuals and a ...

Even if none of your data gets mislaid, copied or hacked, it's a good idea to store copies of some key federal records for ...

The IRS recommends collecting any 2021 tax documents — Forms W-2, 1099 or 5498, for example — before filing your federal tax ...

There’s no reason, data experts say, to assume your federal data is any safer than records held by health care companies ... your tax return or used to prepare it, including W-2 forms, 1099s ...

The regulatory environment for digital assets will have significant implications for state-level reporting requirements.

A payment app or online marketplace is required to send you a Form 1099-K if the payments you received for goods or services total over $5,000.

This year, some gig workers, freelancers and small business owners received an unfamiliar IRS tax form: a 1099-K. If you're one of them, how you report this form on your tax return could ...