The IRS and the Coalition Against Scam and Scheme Threats (CASST) have announced significant changes for the 2025 tax filing ...
Taxpayers who proactively disclose their previously unreported income often receive more lenient treatment from the IRS ...
Investment Zen/Flickr.com (CC by 2.0) Form 2106: Employee Business Expenses is a tax form from the Internal Revenue Service(IRS) that allows employees to deduct ordinary and necessary expenses ...
This form doesn't go to the IRS. But the information you provide on a W-9 will be used to prepare and populate other forms: Read on. The main difference between a W-9 and a 1099 is that you fill ...
Tax Form 1098 tells the IRS how much mortgage interest you paid last year. You may be able to deduct this amount on your Schedule A. Not all mortgage interest is tax deductible. If you have a ...
A frustrating thing about working hard to earn money is knowing the IRS will tax a portion of your earnings. Federal taxable income generally includes wages, tips, royalties, commissions ...
A Form 1099 is issued to report non-employment income to the Internal Revenue Service (IRS). This type of income can include interest from your bank, dividends from investments, or payment for ...
To apply for an offer in compromise, you’ll need to complete the following, per the IRS: Form 433-A (OIC) (individuals) or 433-B (OIC) (businesses) and all required documentation as specified on ...
Form 1099-K reporting requirements have created a lot of confusion, and it's understandable why. Many of those sellers haven’t received 1099-Ks before, so understanding the new rules is ...
Individuals, partnerships, and corporations must include Form 8283 when they're filing tax returns. This form reports information about noncash charitable contributions when the deduction for all ...