You could receive Form 1099-K for business payments from Venmo or PayPal this season. Here’s what taxpayers need to know.

Businesses must meet the February 18, 2025 deadline to furnish recipient copies of Forms 1099-B, 1099-S, and 1099-MISC (Boxes 8 and 10) ROCK ...

The IRS did not abuse its discretion in sustaining a proposed levy action for unpaid employment taxes, the U.S. Tax Court held, granting the IRS’s motion for judgment on the ...

Late Filing Penalties: Failure to file on time may result in IRS penalties ranging from $60 to $630 per form, depending on the delay duration and company size. Form 8809 grants businesses and ...

The employer must report these amounts as wages on the employee’s Form W-2. The employee can treat the withholdings as State income tax paid during the year and can deduct those amounts if the ...

The deadline to file and furnish W-2 forms for the 2024 tax year is tomorrow. Form 941 (Q4): Employers must file Form 941 quarterly to report Medicare, Social Security, and income taxes withheld ...

Prints Tax Forms NEW 943 Form, 940, 941, W2, and W3 (Copy A preprinted form required) Supports multiple accounts at no additional charge. Supports network access (additional cost) Unique benefits ...

TaxBandits is a SOC 2 Certified, IRS-authorized e-file provider specializing in various tax forms, such as Form 1099, W-2, 941, 940, 1095-C, 1095-B, and W-9. Serving businesses, service providers, and ...

The IRS proposes to assess federal employment taxes on the weekly fixed amounts and bonus amounts, which should have been reported as wages on Form 941 and Forms W-2. TP claims it satisfies the ...

TaxBandits is an IRS-authorized e-file provider specializing in various tax forms, such as Form 941, Form 940, Form 1099, Form W-2, Form 1095-C, Form 1095-B, and Form W-9. Serving businesses, service ...

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.