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

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 ...

TaxBandits has expanded its e-filing services to include IRS Forms 1099-QA and 1098-F, offering a streamlined and secure solution for businesses and tax professionals.

Other types of income, whether from contract work or investment income, get reported via a 1099 form. These 1099 forms start ...

I'm an IRS-enrolled agent and tax expert who can help you navigate filing this freelance form without accidentally reporting your income twice. A 1099-K form is a relatively new IRS income tax ...

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 ...

The Bombay High Court on Wednesday directed the Customs department to explain through an affidavit how its September 2024 show-cause notice raising a tax demand of $1.4 billion from Skoda Auto ...

The German auto giant had approached the high court over the customs’ department tax demand of $1.4 billion, pertaining to imports by the car maker between 2012 and 2024. This was after the ...

Here are the best tax software picks for 2025. Prices and other details are accurate as of February 25, 2025. Premium: See offer landing page for details. Includes all forms + live chat support ...

The American Rescue Plan, a COVID-19 relief package passed in 2021, included a provision requiring payment services like Venmo to provide users with tax form 1099-K if they had business ...

Many employers are likely familiar with Form 1099-MISC. For years, business owners used it to report payments for rent, royalties, medical and healthcare payments and other nonemployee payments.

The HC also commended a department officer for his dedicated efforts and thorough research prior to issuing the notice. "Prima facie, we are not satisfied with your (Skoda Auto Volkswagen India) ...