Self-employed workers, including independent contractors, gig workers, freelancers, and sole proprietors, may be eligible to recover up to ...

The IRS is warning that $1 billion in unclaimed 2021 tax refunds remain because about 1 million taxpayers haven't filed tax returns for that tax year as an April 15 deadline looms.

Filing taxes inherently means turning over personal data to the government. While as of yet, DOGE doesn’t have access to the ...

Discover SRV, a CEF with midstream energy stocks offering a $0.45 monthly distribution. Benefits include no K-1 forms or UBTI ...

People are reporting they've received a surprise tax form falsely claiming they've made money on a payment app they never ...

The president’s praise of the Pakistani government for its role in capturing a “top terrorist” signaled a possible ...

Learn which payment apps report transactions to the IRS, including Zelle, Venmo, and CashApp. Understand how reporting ...

Only 0.2% of taxpayers who made less than $1 million in 2021 were served an audit notice from the Internal ... sends copies of your tax documents — such as W-2 and 1099 forms — directly to the IRS. If ...

Social media has been buzzing with posts about taking tax deductions for your pet. But are they true? Can Fido or Fluffy ...

The income threshold for Form 1099-K was lowered to $600 as part of the American Rescue Plan Act (ARPA) of 2021. Prior to ARPA’s passage, only total payments of $20,000 or more, and more than ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation.

If your business pays nonemployee compensation and other reportable payments, you must be aware of two forms: Form 1099-MISC and Form 1099-NEC. Many employers are likely familiar with Form 1099-MISC.