If you get paid through a third-party app, you may find an IRS Form 1099-K in your mailbox. Previously, only self-employed workers who netted at least $20,000 through Venmo, PayPal, CashApp, Stripe or ...
Americans will be allowed to contribute more of their money to 401(k) and similar retirement saving plans next year. The IRS said Thursday the maximum contribution that an individual can make in 2026 ...
Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Many people will soon be filing their 2024 tax returns by the ...
IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...
The IRS continues to roll out drafts of some 2026 tax forms, including a draft of Form W-9, Request for Taxpayer Identification Number and Certification. Here’s a look at what’s new—and why it matters ...
According to the agency, thousands of taxpayers have filed inaccurate returns after following misleading posts and bad actors posing as tax experts online. The problem prompted more than $162 million ...
Stay in the clear and keep your finances in order with everything you need to know about IRS Form 941. Many, or all, of the products featured on this page are from our advertising partners who ...
It’s summer and many people move to a new home while school is out for a few months. This is especially true in the expat community where changes in work location occur with regularity. Moving can be ...
Every year, billions of dollars in unclaimed tax refunds remain in the hands of the IRS, waiting for taxpayers to claim them. These refunds often go uncollected because people fail to file returns, ...
WASHINGTON (AP) — President Donald Trump has removed former U.S. Rep. Billy Long as IRS commissioner less than two months after his confirmation, a White House official said Friday. It was not ...
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