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

While the exact amount is up for debate, the IRS estimates that it loses billions of dollars each year due to taxpayers ...

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

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

I can assume you’re laying awake at night wondering if you’ll end up in jail for not paying your taxes — and if it’s too late ...

If you move assets out of your IRA and into your 401(k) or use them for another purpose, your IRA brokerage will send you a Form 1099-R that will show how much money you took out. On your 1040 tax ...

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.

REDMOND, Wash., March 28, 2025 /PRNewswire/ -- ezPaycheck has been revamped by Halfpricesoft.com to include the 2025 941 form for the 1st quarter deadline of April 30, 2025 . The unique add on feature ...

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 ...