The 1099-NEC form is essential for reporting non-employee compensation. It is commonly used by businesses to report payments ...

If you received more than $5,000 for online sales of “goods or services” in 2024, you might get a Form 1099-K. Don’t ignore ...

Tax season is here, and the Social Security Administration made replacing your annual Benefit Statement easier.

In order to file your taxes, you'll need to gather all tax forms with information documenting your income. You’ll also need ...

Whether you're eagerly awaiting your refund or still have yet to file your taxes, here's what Floridians should know about ...

Headlines and updates on sweeping changes to operations and staffing with regards to numerous federal agencies, and now ...

Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the weeks of January 20, 2025 – January ...

Newsweek magazine delivered to your door Newsweek Voices: Diverse audio opinions Enjoy ad-free browsing on Newsweek.com Comment on articles Newsweek app updates on-the-go ...

How to file taxes for free Identify whether you are eligible to file for free. To be eligible for IRS Free File, you’ll need to calculate your adjusted gross income (AGI). You c ...

Form 1099-G is used to report unemployment compensation or other certain government ... The Tax Cuts and Jobs Act of 2017 added a new section to the Internal Revenue Code called section 6050Y.

“Everybody got everybody else’s 1099 ... not impact other tax forms produced by the agency,” the statement said. “There was no external data breach; this was an internal issue.