Each Form 1099 is matched to your Social Security number, so the IRS can easily issue a tax bill if you fail to report one.

Disaster-area taxpayers in 14 states have until February 3 to file their 2023 returns, and, in 10 other states, until May 1.

The IRS will begin processing 2024 tax returns sometime during late January 2025. The last day you can file your 2024 taxes ...

has announced the release of its 2024 IRS tax forms filing engine for IRS tax forms 940, 943, 944, and 941. This latest version, included with 2024 Payroll Mate desktop payroll software ...

Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require ...

ensuring that you correctly report your asset transactions to the IRS. While the form can be complex, using tax software can simplify the process. If you're unsure about any details, consulting ...

The IRS said Friday ... respect to filing Form 8308 as an attachment to a partnership's Form 1065; as such, it does not provide relief from penalties under Sec. 6721 for failure to file correct ...

Tax brackets are changing in 2025—so Newsweek has rounded up everything you need to know before the new year. The IRS adjusts tax brackets for inflation annually to stop taxpayers being pushed ...

An Internal Revenue Service ... tax returns able to use the service. But for 2025 the submission scope was expanded. In 2024, the following incomes could be reported using Direct File: W-2 form.

You can deduct these expenses on a federal income tax form, Schedule A, which reduces taxable income and the overall amount owed to the IRS. The lender (typically a bank or credit union ...

While it’s undeniably early days, the Internal Revenue Service will tell you it’s not too early to think about the income-tax ...