Robert W. Wood is a tax lawyer focusing on taxes and litigation. Closeup of Form 1099-NEC and 1099-MISC. The IRS has reintroduced Form 1099-NEC as the new way to ... [+] report self-employment ...

Have you received a 1099 tax form that you don’t understand? Our guide describes the basics of the nearly two dozen different ...

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

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.

The IRS has outlined key requirements to help you file your 2024 tax return accurately to avoid common mistakes and maximize ...

You can use the IRS’s online Tax Withholding Estimator. Your second option is to use the Multiple Jobs Worksheet that's provided on page 3 of the W-4 form along with detailed instructions.

In a bid to safeguard taxpayers from scams and fraudulent activities, the IRS and CASST have introduced significant changes for the 2025 tax season.

If you have a tax paper from someone other than your employer, you may have received a 1099. But what does the form mean, and ...

offsetting tax potentially owed on future gains. Form 1099-C documents the cancellation of debt. If your debt was forgiven, your lender will send that documentation to both you and the IRS.

If you are eligible, fill out Form 433-A and wait for the IRS to accept your offer. If you don't qualify or your offer is rejected, you can apply to pay off your outstanding tax debt using a ...

paper forms, IRS Direct File, and IRS Free File. The DOGE discussions have negatively impacted the stocks of popular tax software companies H&R Block and Intuit, the parent company of TurboTax.