There are three status updates which the taxpayer might see: “received return,” “refund approved,” or “refund sent.” If the ...

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

IRS tax refund may arrive sooner than you think. Here’s a schedule for when you can expect your check or direct deposit.

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 ...

or the additional child tax credit (ACTC). The extra time allows the IRS to match forms on their end with information reported by taxpayers, all in an effort to prevent fraud. This year ...

Even if canceled or forgiven debt was less than $600, the IRS still requires you to report it on your tax return (under the “other income” line on Form 1040 or 1040-SR). Form 1099-CAP ...

Luckily, while the Internal Revenue Service (IRS) might seem intimidating, it offers several options to help taxpayers manage their tax liabilities without facing extreme financial hardship.

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.

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.

On its website, the IRS wrote that this means those with job offers with a start date after Feb. 8 will be revoked. With the tax filing season recently starting and lasting until April 15 ...