Early results from the IRS indicate that 7.7% fewer tax returns were filed in the first two weeks of the 2025 season. Why are ...
If your tax bill or refund is bigger than expected, it may be time to adjust your paycheck withholding. Here's an easy way to ...
Headlines and updates on sweeping changes to operations and staffing with regards to numerous federal agencies, and now ...
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 ...
Investopedia / Xiaojie Liu Form 1099-INT is an Internal Revenue Service (IRS) tax form used to report interest income. Form 1099-INT is issued by all entities that pay interest income to investors ...
You could receive Form 1099-K for business payments from Venmo or PayPal this season. Here’s what taxpayers need to know.
Will you recognize the Form 1099-K when you receive it from one or more third-party marketplace providers this year?  A few ...
If you received tax-exempt interest, you should get a Form 1099-INT or a Form 1099-OID. You can find your tax-exempt stated interest in box 8 of Form 1099-INT. For a tax-exempt Original Issue ...
The IRS is requiring third party payment apps to send you a 1099-K tax form if you made more than $5,000 on the platform in 2024. This reporting change will give the IRS a clearer picture of how ...
Here are some other common IRS red flags for audit, according to some tax experts. Underreported income. The IRS often finds ...