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

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

As the current tax season continues and early filers look for their refunds, Ohio's Department of Taxation outlined new ...

So, what are your changes of being audited? Regardless of income, your chances of being audited are pretty slim. Of the ...

Here's when the last day to file taxes is, what documents you'll need, new forms for the 2024-25 tax season and how to track ...

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 ...

The VITA program, which the IRS administers, began after the Tax Reform Act of 1969 and provides free tax filing assistance ...

The federal government readjusts tax brackets and the annual standard deduction each year to keep up with inflation. One ...

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

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 ...

Well, it’s time to recognize that “Day of Infamy” that comes up on every consumer’s yearly calendar, and I am not talking ...