Knowing when to issue which kind of 1099 form to someone you paid money to can be a mystery to small business owners, but ...
If you work as an employee, you’ll encounter two forms in the course of your employment: Forms W-2 and W-4. Your W-2 will ...
Notice 2025-68 provides some parameters with respect to their establishment, operation and reporting requirements.
Many people will be shocked when they discover the intricate rules — and lack of supporting paperwork — when filing 2025 federal income tax returns.
Every December, workers blame the IRS for shrinking bonuses. But bonuses aren’t taxed differently than your regular ...
The IRS has released initial guidance on contributions, limits and withdrawals for the new Trump accounts authorized under the One Big Beautiful Bill Act—as well as how to apply to open one. Trump ...
While tax season won't start for at least another month, and most taxpayers won't need to file their 2025 tax returns until ...
Trump Accounts launch in 2026 for children born 2025–2028. Each starts with a $1,000 federal deposit. Families can add up to ...
The week you choose to file an NFA form is no longer a minor administrative detail. With federal systems... The post Filing ...
A key rule is that the giver is responsible for any tax, not the recipient. But most people never owe any gift tax because of two protections: the annual gift tax exclusion and the lifetime estate and ...
As tax season nears, key IRS deadlines beyond April 15—including estimated payments and required distributions—can catch ...
A New York City law, the Real Property Income & Expense (RPIE), has resulted in massive fines and penalties for property ...