As the 2025 tax season unfolds, the IRS has introduced several updates to the Form 1040, the cornerstone of tax filing for ...

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

W-2 forms should have arrived in mailboxes and inboxes by Jan. 31. Here's why you need that form for the 2025 tax season and what to do if you haven't gotten yours yet. Macy Meyer is a North ...

The IRS and the Coalition Against Scam and Scheme Threats (CASST) have announced significant changes for the 2025 tax filing season. These updates aim to safeguard taxpayers from tax scams and enhance ...

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.

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 ...

Danny Werfel, the commissioner of the Internal Revenue Service, will resign Monday, he told employees, as President-elect Donald Trump eyes a successor to undo much of President Joe Biden’s ...

For 2025, ezTaxReturn.com will provide an IRS Free File product in Spanish. These products are generally available if your Adjusted Gross Income (AGI, found on line 11 of your Form 1040 ...

Fill out IRS Form 5695. To claim energy tax credits, you’ll need to complete IRS Form 5695. This form allows you to input the amounts paid for qualifying home upgrades, and calculate the amount ...

Find out what's new for residents of British Columbia for 2024 and get help completing your British Columbia tax and credits form Worksheet BC428 - British Columbia Calculate some of the amounts to ...

To apply for an offer in compromise, you’ll need to complete the following, per the IRS: Form 433-A (OIC) (individuals) or 433-B (OIC) (businesses) and all required documentation as specified on ...

Form 1099-K reporting requirements have created a lot of confusion, and it's understandable why. Many of those sellers haven’t received 1099-Ks before, so understanding the new rules is ...