As the 2025 tax filing deadline approaches, taxpayers should be aware of several minor, yet important, changes to Internal Revenue Service (IRS) reporting requirements that could impact their 2024 ...

In the U.S., many people file crypto taxes using 1099 forms. This guide covers the various 1099 forms you should know about.

Estate planners and tax advisers must understand the tax and reporting rules for clients using P2P payment applications for ...

The Tax Court imposes a $25,000 frivolous-position penalty for persistent omission of wage and rental income. The Tax Court ...

As long as the total of your liabilities exceeds the value of your assets when your debt is canceled, you may claim the ...

Discover 16 last-minute 1099 tax deductions for independent contractors. From home office to business insurance, these deductions can save you money.

A 1099-K form is issued by credit card companies and third-party settlement organizations (TPSOs) — think payment apps and ...

Independent contractors, the IRS, and some state governments need 1099 forms. Learn how to report non-employee compensation.

NEXT explains that if you're an independent contractor, it's your job to pay taxes on your own—and you'll want as many 1099 ...

When tax season rolls around, one of the most common documents taxpayers receive is Form 1099-INT. This form, issued by banks, credit unions and other financial institutions, reports interest ...

Each January, your mailbox and email are likely filled with tax forms. You’ll receive a W-2 reporting your wages if you work for an employer. But if you do any self-employed or freelance work ...