You could receive Form 1099-K for business payments from Venmo or PayPal this season. Here’s what taxpayers need to know.
The tax filing season kicked off on Jan 27, with the Internal Revenue Service accepting returns. Taxpayers could face ...
A step-by-step guide to help you fill out a W-4 Nora Carol Photography / Getty Images You're about to begin that much-needed, new job and your employer hands you an IRS Form W-4 to fill out and submit ...
Tax season is officially underway. The IRS expects over 140 million people to file tax returns before the April 15 deadline.
As the 2025 tax season approaches, taxpayers should brace for new developments and potential challenges. While timely refunds ...
If a U.S. citizen or resident received a gift or bequest from a foreign person after June 17, 2008, they may be required to file Form 708 and pay the Section 2801 transfer tax to the IRS.
Danny Werfel, the commissioner of the Internal Revenue Service, will resign Monday, he told employees, as President-elect Donald Trump eyes a successor to undo much of President Joe Biden’s ...
The W-2 form is one of the most widely recognized tax forms for US workers, and for good reason: It's essential for filing ...
The average American who hires a tax preparer to file even a simple return will spend upwards of $200, according to industry estimates. This year, however, taxpayers have more options than ...
Elon Musk, head of the chaos-causing Department of Government Efficiency, made an assertion this week that raised questions in some people’s minds about the status of the IRS Direct File program.
WASHINGTON (AP) — Billionaire tech mogul Elon Musk posted Monday on his social media site that he had “deleted” 18F, a government agency that worked on technology projects such as the IRS ...
WASHINGTON—IRS Commissioner Danny Werfel said he would resign with nearly three years left in his term, leaving the government Monday rather than waiting for President-elect Donald Trump to ...