Summer is a popular season for weddings, and the IRS reminds newlyweds to take steps to make future tax filings a bit easier. First, if there has been a name change, you must report it to the U.S.

Millions of U.S. workers who earn tips and overtime pay may be eligible for a federal tax break when they file their 2025 ...

The version of the Republican megabill passed by the House last month includes a provision that ends an effort to get 1099-K tax forms out to workers or sellers who have earned more than $600 a year.

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

This guide details exactly what you need to file with the IRS when working with freelancers and other non-employee providers, explains why it’s important, and offers tips to help you avoid costly ...

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.

Finally, for the 2024 tax year, the IRS required that platforms - such as PayPal (PYPL) or its sister business Venmo - send out 1099-K forms reporting income if payments reached $5,000.