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

Plus: First-time filers, tax refund checks, new tax-related scams, IRS job rescissions, federal estate taxes, tax filing ...

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

Taxes can begin being filed on January 27, but refunds could hit accounts at different times depending on choices made when ...

How do federal tax credits work? Tax credits directly subtract money from the federal income taxes that you owe, meaning each ...

April 15 is the filing deadline for 2024 federal income tax returns for most people. Others in states hit by disasters have ...

Ask your tax preparer, if you had one last year, for a copy of the 2023 return. Or request a tax return transcript from the ...

Taxpayers will have until April 15 in most states to file and pay their federal tax returns as the IRS is accepting returns ...

The IRS currently requires any third-party payment apps like Cash App and Venmo to send a 1099-K to the IRS and individuals if they earned more than $20,000 in commercial payments ...

for a copy of the 2023 return. Or request a tax return transcript from the IRS by using Form 4506-T to get your hands on key personal information. For fast help, go online to www.irs.gov and click ...