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

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 ...

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 ...

An IRS Form 1095 will give you proof of health insurance for your taxes. No, you no longer need to prove you have health insurance on your federal tax returns. This change happened in 2019 when ...

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 ...

With a shortage of tax professionals in the country compared to previous years, many small business owners may be looking for new ways to get their taxes filed with as little hassle as possible.

If the thought of an audit has ever given you chills, knowing the facts about them might help take the edge off. Thomas is a native of upstate New York and a graduate of the University at Albany.

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 ...

$0 for Free Edition (~37% of filers qualify. Form 1040 and no schedules except for Earned Income Tax Credit, Child Tax Credit and Student Loan Interest), $39 to $69 for Deluxe, $89 to $129 for ...