You could receive Form 1099-K for business payments from Venmo or PayPal this season. Here’s what taxpayers need to know.

Due to higher than normal intake volume, the Canada Revenue Agency is experiencing delays in processing Form T2201, Disability Tax Credit Certificate. We will respond in writing once a decision has ...

Form W-2 is the Wage and Income Statement you’ll receive from your employer after the close of the tax year. It shows how much you were paid, any benefits you received, and taxes your employer ...

And there are some good reasons to file your tax return electronically instead of mailing in a paper form: You’ll get your refund sooner by filing online. A lot sooner. The IRS says that if you file ...

Download and save the PDF to your computer Open the downloaded PDF in Acrobat Reader 10 or later Worksheet for use by corporations to estimate the current-year tax payable and tax credits. These ...

the proposed regulations define "compensation" as compensation that would otherwise be deductible for the taxable year but for Section 162(m). The IRS commented that this approach should be easily ...

You should review these options along with available paid options to see which filing method best suits their individual tax needs. Doing so could save money upfront or in the form of a larger ...

Far from the bleep-driven video game soundtracks of yesteryear, French composer Olivier Deriviere is determined to help craft the audio sensation of a medium he believes is still finding a voice of ...

The IRS kicked off the tax season on Monday, Jan. 27, allowing taxpayers to begin filing their 2024 tax returns. Its free Direct File service, which this year will be available to residents in 25 ...

Be careful this filing season: the Internal Revenue Service is cracking down on unreported ... you must report it as a capital gain on Form 8949 and Schedule D. Taxpayers shouldn’t be ...

WASHINGTON, D. C. - U.S. Sen. Bernie Moreno introduced his first piece of legislation on Tuesday - a bill aimed at funding the “External Revenue Service” that President Donald Trump has ...

One thing is clear, the IRS is looking more closely at expatriations. Generally, this definition seeks to ensure ... they may be required to file Form 708 and pay the Section 2801 transfer tax ...