The proposed regulations clarify points including the interaction of qualifying occupations for which tips are customarily received with ineligible specified service trades or businesses.

Don't let tax season catch you off guard. We break down the key differences on a W-2 and 1099 forms that directly impact your tax refund.

The ratable accrual method is a formula for determining income on investments as it's accrued rather than paid and is often used for income tax purposes.

Read about IRS Publication 334, a vital tax guide for sole proprietors and statutory employees, offering essential tips on deductions, credits, and filing Schedule C.

Many settlement agreements don't say anything about tax forms. Yet many defendants issue a Form 1099 to the plaintiff, and a ...

Regulation M allows investment companies to pass taxes on distributions to investors, preventing double taxation. Discover how these IRS rules benefit shareholders.

What to know about the increased SALT deduction, the new tax break for seniors and other provisions that kick in for your next return.

A 1099 tax form is a statement that details an amount of money that you were paid. Learn about this important tax document ...

For retirees staring at a looming tax bill from required minimum distributions, there is a little-used maneuver that can ...

Tax forms like W-9, 1099, W-4, and W-2 are important for reporting income and taxes in 2025. W-9 is filled by workers, 1099 reports extra income, W-4 sets paycheck tax, and W-2 shows earnings from ...