The key to Forms 1099 is the IRS' computerized matching. The IRS matches each 1099 with your tax return based on your Social ...

A reporting tool that will prepare Form 8881 “Credit for Small Employer Pension Plan Startup Costs” for tax professionals has ...

Here are some common tax errors you should avoid on your current tax return. Taxpayers not eligible for an SSN must have an ...

People are reporting they've received a surprise tax form falsely claiming they've made money on a payment app they never ...

Learn how taxes on interest income work, how to report it on your taxes, and which interest income is taxable. Get the full ...

The final regulations, which the AICPA deems burdensome, cover routine transactions and set a low threshold for reporting.

The IRS is streamlining the tax filing process by integrating key information return documents into the IRS Individual Online ...

Macy Meyer is a North Carolina native who graduated from UNC-Chapel Hill with a BA in English and a second BA in Journalism. Macy is a Writer on the CNET How-To team, covering a variety of topics ...

Commissions do not affect our editors' opinions or evaluations. Picking the right tax software can mean the difference between a smooth refund process and a stressful filing season. To find the ...

Sin taxes are a form of excise tax, such as the local excise tax of $1.50 New York City charges per pack of 20 cigarettes on top of the state's excise tax of $5.35 per pack of 20 cigarettes.

The IRS instructions for Form 1040 typically include a table to help you calculate the standard deduction available to you based on when you (and your spouse, if applicable) were born and whether ...

You can find your total tax on line 24 of Form 1040 and your taxable income on line 15. Have over $7,500 in tax debt? A tax relief service may be right for you Offers in this section are from ...