The IRS has a 25% penalty waiting for anyone who misses a required minimum distribution, but tax specialists report an almost ...

What rules, IRS TIN Matching and AI each catch in 1099, W-2 and ACA filings, what an error costs at each stage, 2027 ...

Mercury reports on 1099 filing misconceptions for small businesses, clarifying eligibility, requirements, and penalties to ...

The IRS has updated Forms 1099-NEC, 1099-MISC, and 1099-K for 2026 to separately report information related to tips and qualified overtime compensation. The 2026 tax year brings significant changes to ...

If you are a student athlete and you receive any monetary or financial gain, in cash, property, or services, from a transaction in which you benefit from the use of your name, image or likeness, that ...

A recent federal tax law change is prompting some fairs, livestock auctions, and Extension programs to notify 4-H and FFA families about how youth livestock sale proceeds may be reported to the ...

Final versions of two federal information returns for reporting non-wage income, including boxes for reporting income that may be eligible for the tax deductions provided by the One Big Beautiful Bill ...

You hired a freelance designer last fall to refresh your brand, paid them $4,200 across three invoices, and now January is staring at you with a deadline you only half-remember. The IRS has a specific ...

The deadline for filing your taxes is fast approaching, and if you're doing a mad dash to assemble the necessary forms, all those numbers and letters – W-2, W-9, 1099 – can quickly overwhelm you. Some ...

Kalshi is a federally regulated exchange with order books like a stock market's, markets from elections to the weather, and accounts now open to traders outside the U.S. Our Kalshi review finds its ...

Beginning with crypto transactions in 2025 (to be filed in the 2026 tax season), crypto brokers in the United States, such as Coinbase (Nasdaq: COIN), are required to issue a new document known as ...

In 2021, Congress enacted the Infrastructure Investment and Jobs Act (IIJA), P.L. 117-58, which requires brokers to report digital asset transactions to the IRS and taxpayers. In enacting the IIJA, ...