As tax season approaches, many Americans might overlook a significant opportunity to boost their refunds. Discover how you ...

The VITA program, which the IRS administers, began after the Tax Reform Act of 1969 and provides free tax filing assistance ...

As tax season approaches, it's crucial to stay informed about the latest updates to IRS Form 1040 and its schedules.

It's officially the 2025 tax season! H&R Block's (HRB ... the threshold for receiving form 1099-K this year has been drastically reduced down to $5,000," Phillips says, explaining, "What this ...

Investopedia / NoNo Flores Form 1099-NEC is the Internal Revenue Service (IRS) form used by businesses to report payments made to independent contractors, freelancers, sole proprietors ...

If a U.S. citizen or resident received a gift or bequest from a foreign person after June 17, 2008, they may be required to file Form 708 and pay the Section 2801 transfer tax to the IRS.

The 2025 tax filing season will begin Monday, Jan. 27, the Internal Revenue Service announced earlier this month. The agency said in a statement it expects more than 140 million individual tax ...

WASHINGTON—IRS Commissioner Danny Werfel said he would resign with nearly three years left in his term, leaving the government Monday rather than waiting for President-elect Donald Trump to ...

Comptroller's letter should be supplied to vendors when making purchases which qualify for exemption from Texas Sales and Use Tax. Form W-9--- This form should be sent to any company that pays the ...

One major disadvantage of debt settlement is that the government may tax forgiven or canceled debt as income. This could eat into your debt settlement savings or even wipe it out altogether. It's ...

The income tax deadline is April 15 for most taxpayers. But taxpayers in Florida, North Carolina, and other areas hit by ...