Real ID enforcement begins next month. We have some answers to frequently asked questions about it. Video above: Headlines from News 8 Sign up for our Newsletters No, it is optional. However, starting ...

Pursuing certain types of credit card debt relief could have a big impact on your taxes. Here's what you need to know.

Estate planners and tax advisers must understand the tax and reporting rules for clients using P2P payment applications for ...

The Tax Court imposes a $25,000 frivolous-position penalty for persistent omission of wage and rental income. The Tax Court ...

As long as the total of your liabilities exceeds the value of your assets when your debt is canceled, you may claim the ...

Learn how to file your crypto taxes in the US for the 2024–2025 season. Understand IRS rules, reporting requirements and ...

Discover 16 last-minute 1099 tax deductions for independent contractors. From home office to business insurance, these deductions can save you money.

A 1099-K form is issued by credit card companies and third-party settlement organizations (TPSOs) — think payment apps and ...

Independent contractors, the IRS, and some state governments need 1099 forms. Learn how to report non-employee compensation.

It’s the third year in a row the state has made mistakes with the forms – in 2023 and 2024 the state mailed thousands of 1099 ...