Don't let tax season catch you off guard. We break down the key differences on a W-2 and 1099 forms that directly impact your tax refund.

Tax refunds this year are expected to be larger than usual, so many Americans may be wondering how they can get their hands on theirs as quickly as possible. The fastest way by far is electronically, ...

Learn how to deposit withheld payroll taxes correctly with IRS Notice 931. Follow required schedules and understand penalties ...

Sec. 6752(1)(b) was satisfied by an IRS supervisor’s timely signed approval of penalties against the taxpayer, without any “meaningful review” or “reasoned decision-making,” the Tax Court held.

Income Tax Return: It can be quite overwhelming to file an Income Tax Return, particularly if you are a first-time taxpayer. Form 26AS, commonly known as the Tax Credit Statement, is one of the most ...

Americans generally must begin taking required minimum distributions (RMDs) at age 73, or 75 if they were born in 1960 or later. Forgetting to take an RMD could lead to a 25% penalty on the funds not ...

A 1099 tax form is a statement that details an amount of money that you were paid. Learn about this important tax document ...

A key IRS threshold reset reshapes how online income is reported in 2026, easing compliance for casual sellers while preserving oversight of true business activity.

Taxpayers who want to claim some attractive new income tax deductions that were packed into the One Big Beautiful Bill Act will need to keep their records — and get ready to file yet another form to ...