As the 2025 tax filing deadline approaches, taxpayers should be aware of several minor, yet important, changes to Internal ...
Businesses that need extra time to file their tax returns can request an automatic extension using IRS Form 7004, Application for Automatic Extension of Time to File Certain Business Income Tax, ...
Form 941 is used to report income taxes, payroll taxes, Social Security, and Medicare taxes withheld from employee wages. Most employers who pay wages file Form 941.
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 information-sharing initiative comes as President Donald Trump has pushed his administration to conduct the largest mass deportation in U.S. history. The U.S. Internal Revenue Service is ...
This tax-return filing season might be the last time you send payments to the Internal Revenue Service using paper checks, or the last time you receive refunds on paper. A Trump Administration ...
What Is Form 5329: Additional Taxes on Qualified Plans (Including IRAs) and Other Tax-Favored Accounts? Form 5329 is an attachment to the federal income tax return that must be filed by taxpayers ...
PeopleImages.com / Getty Images Form W-9, Request for Taxpayer Identification Number (TIN) and Certification, is an Internal Revenue Service (IRS) tax form that businesses use to collect ...
Taxpayers can still receive a stimulus check up to $1,400 depending on how they filed their 2021 tax returns. The Internal Revenue Service announced in December that it would be distributing ...
Income reported on a 1099 form is usually taxable, but not always. The IRS also receives copies of your 1099 forms, and you’ll probably receive a notice from the IRS if you don’t report ...
Want to know where your refund is? Well, you have to file your taxes first. Tax season is underway, but so far the IRS has seen a lower number of early returns being filed, with less than 40 days ...