With tax season set to kick off next week, the IRS is launching a new initiative to redesign and simplify common tax documents. The changes will eventually apply to around 170 million letters that are ...

A business owner’s ultimate guide to IRS Form 1096 — including who needs to file and step-by-step instructions. Many, or all, of the products featured on this page are from our advertising partners ...

The deadline to file your 2024-2025 taxes is April 15, 2025. You can track your refund status through the IRS website or the IRS2GO mobile app. If you miss the April 15 deadline, you can file for an ...

Janet Berry-Johnson, CPA, is a freelance writer with a background in accounting and income tax planning and preparation for individuals and small businesses. Her work has appeared in Business Insider ...

Did you just receive a form called a 1099-K, a form that you never, ever saw in your lifetime? Well, do not ignore any 1099-K that pops up. Take your time to understand this one. More taxpayers will ...

Tax season is well underway, with many people who have already filed eagerly anticipating their return. However, if you haven ...

People who don’t normally file a tax return could be leaving their part of nearly $1 billion in tax refunds on the table, the Internal Revenue Service (IRS) said. But you only have until May 17 to ...

IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...