Tax season kicks off later this month, but experts say it’s not too early to get organized and get ahead. Read on for ...

Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require ...

A frustrating thing about working hard to earn money is knowing the IRS will tax a portion of your earnings. Federal taxable income generally includes wages, tips, royalties, commissions ...

Robert W. Wood is a tax lawyer focusing on taxes and litigation. IRS Forms 1099 for 2024 should arrive in January, reporting how much you were paid during the calendar year. Each Form 1099 is matched ...

Draft instructions for Form 6765, "Credit for Increasing Research Activities," a.k.a. the research credit, are available for ...

If you have a mortgage, you'll probably receive an IRS Form 1098 in the mail. Your mortgage lender is required to use this ...

According to the organization’s 2023 Form 990—a tax form nonprofits must file and make public—USATF overspent by $5.6 million ...

A belated return refers to the income tax return that is filed after the deadline, that is July 31 of a given assessment year ...

No one loves the Internal Revenue Service, but we need the much-maligned ... few Republican lawmakers who understand this to be pure form over substance in a way that will ultimately hurt and ...

reported as ₹357.56 crore in the company's financial statements as of March 31, 2024, may now see a significant reduction following this favourable ruling. "The company has received an order in its ...

A new LOCAL online community built for you. Click now to see all the available groups. President Trump’s nomination of former Rep. Billy Long as the next commissioner of the Internal Revenue ...

IRS Form 8949 is crucial in reconciling the information reported on Forms 1099-B or 1099-S with the amounts you report on your return. These subtotals from Form 8949 are then transferred to ...