You might receive this document if you have freelance work, investment income, retirement distributions or other financial transactions.

When tax season rolls around, one of the most common documents taxpayers receive is Form 1099-INT. This form, issued by banks ...

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

In a letter to congressional finance leaders, the AICPA listed increasing the threshold to $10,000 as one of its priorities.

A guide to tax rates, brackets, refunds, deductions, credits, deadlines, and dealing with the IRS-both before and after you file your 1040. ForbesWhat First-Time Filers (And Some Repeat Filers ...

An IRS Form 1095 will give you proof of health insurance for your taxes. No, you no longer need to prove you have health insurance on your federal tax returns. This change happened in 2019 when ...

Before you pop them into your tax file, ask yourself the following questions: The first two boxes of 1099-DIV forms deal with dividends: Box 1a shows you the total ordinary dividends you received ...

Members who receive at least $10 in cooperative patronage dividends, reported on IRS Form 1099-PATR, might also be subject to backup withholding as well. Some taxpayers are exempt from backup ...

Bad Social Media Advice – Viral tax "hacks" on platforms like TikTok and Instagram encourage taxpayers to falsely claim credits or manipulate forms, potentially leading to audits and penalties. Fake ...