Avoid costly tax mistakes with your IRA. Learn how skipping IRS Form 8606 cost one investor $50,000—and how you can protect ...

Form 1040-ES includes an Estimated Tax Worksheet to guide you through the calculation. The June 16 deadline applies for income earned between April 1 and May 31st.

Under updated IRS rules, third-party payment processors must now issue a 1099-K for total transactions exceeding $600 annually - a steep drop from the previous $20,000 threshold. That change ...

How to File a 1099 for Rental Income Loss & Profit. A Form 1099 gives the IRS information about the transfer of money from one party to another. A series of Forms 1099 cover various transactions.

The House of Representatives and the Senate have both proposed changes in the reporting thresholds for Form 1099-K and Form 1099-NEC. The goal? Fewer forms for taxpayers.