If you're receiving payments on platforms like Venmo or PayPal, you'll likely get 1099-Ks at tax time. What are they and what ...

CNBC Select explains how individuals who didn't file a federal tax return in 2021 may still be eligible for the Recovery ...

Taxpayers are being warned about a new scam involving unsolicited text messages impersonating the Internal Revenue Service ...

A payment app or online marketplace is required to send you a Form 1099-K if the payments you received for goods or services total over $5,000.

Form 7217, Partner’s Report of Property Distributed by a Partnership, debuted for 2024, intended to apprise the IRS of factors in a partner’s basis computation.

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary ...

The Internal Revenue Service ordered most of its approximately 20,000 customer service employees back to the office this week, ending a long era of hybrid and remote work. There was just one pro ...

Form 5329 is an attachment to the federal income tax return that must be filed by taxpayers who owe a penalty related to their use of a tax-advantaged retirement savings plan such as an IRA or 401 ...

Extension requests can be done through the IRS at no charge – both electronically and with a paper form 4868 – and require taxpayers to simply provide basic information like their names ...

The presence of Elon Musk's cost-cutting task force, the Department of Government Efficiency, at the IRS is sparking fresh concerns from Democratic lawmakers about the safety of taxpayer ...

The Internal Revenue Service (IRS) is planning to slash approximately 7,000 probationary workers in Washington, D.C., and across the U.S. starting Thursday, according to reports. The layoffs will ...