AP Photo/Jon Elswick According to the IRS, most business entities that file Forms 1065, 1120, 1120S, 1041, 990-T, and certain other information returns can use this extension request.

The new tax reporting rule requires platforms like PayPal, Venmo, and CashApp to issue tax form 1099-K for earnings exceeding $5,000, CNET reports. While it’s not a new rule for freelancers, it ...

Challenges and Limitations Complexity: Line 8 of Form 2210 can be complex to complete, especially if your business has multiple sources of income or deductions. It's important to carefully review the ...

The IRS’ new U.S. crypto tax regime will begin to go into effect for 2025 taxes, though some controversial aspects remain to be worked out. By Cheyenne Ligon UpdatedAug 9, 2024, 6:20 p.m ...

The IRS has released a draft of Form 1099-DA. The form is the next step in efforts to bolster crypto tax reporting and follows proposed regulations published last year.

The Internal Revenue Service has updated its whistleblower award form for tipping off the IRS about tax violations and applying for a monetary reward for the information. The newly revised Form 211 is ...

TRAVERSE CITY, MI, US, January 13, 2024 / EINPresswire.com / -- The Internal Revenue Service (IRS) has released the Schedule 3 tax form and instructions for the years 2023 and 2024.

TRAVERSE CITY, MI, US, January 9, 2024 / EINPresswire.com / -- The Internal Revenue Service (IRS) has released Schedule F tax form instructions and printable forms for 2023 and 2024.

The Internal Revenue Service (IRS) has released the Schedule D tax form instructions and printable forms for the tax years 2023 and 2024. TRAVERSE CITY, MI, US, January 3, 2024 /EINPresswire.com ...