The IRS has set a crucial deadline for the submission of the W-2 Form, a vital document for both employees and employers in ...

Typically, this information gets reported using an IRS tax form called the 1099-K. The Form 1099-K is a reporting form meant specifically for transactions made through third-party network ...

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 ...

The IRS has published a private letter ruling on Treasury Regulations 301.7701 and 301.9100 granting the taxpayer an extension to file Form 8832 to elect to be classified as a partnership for federal ...

Donald Trump’s election with Republican House and Senate majorities has put the Internal Revenue Service back in the spotlight. The agency lost $20 billion in funding under the latest deal to ...

The Federal Government has commenced the implementation of the 2024 Withholding Tax Regulations, signalling effort to modernise Nigeria’s tax system. Approved by President Bola Tinubu in July ...

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 ...

The Internal Revenue Service (IRS) announced plans to issue automatic payments to eligible taxpayers who didn't claim the Recovery Rebate Credit on their 2021 tax returns. IRS officials announced ...

Congress revoked an additional $20 billion from the Internal Revenue Service last week when lawmakers averted a government shutdown, a cut that may undo many of President Joe Biden’s efforts to ...

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 ...