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 ...

U.S. Citizenship and Immigration Services (USCIS) issued an updated policy memorandum expanding the authority of USCIS ...

If you earn interest throughout the year from a high-yield savings account, CD, or money-market account totaling more than ...

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 ...

The Borno State Internal Revenue Service (BOIRS) has reported a record revenue of N28.3 billion in 2024, exceeding its initial target of N19.3 billion by 46 percent. During a press briefing in ...

Editor: Greg A. Fairbanks, J.D., LL.M. The IRS released a draft form in summer 2024, with subsequent revisions and draft instructions, that partners will use, starting with tax years beginning in 2024 ...

(d) For the three months ended December 31, 2024, consists primarily of pre-tax charges (gains) related to the divestitures of the OTC, biosimilars, API, and women's healthcare businesses of ...

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 Digital File My Return service is no longer available. To file your tax return, select one of the options listed below. There are several ways to do your taxes, including options that are free and ...