Some non-employee compensation and miscellaneous payment situations demand careful attention from independent contractors.

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

For employees in the United States who receive tips or work overtime, the 2026 W-2 form holds pivotal information that could ...

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

An unexpected Form 1099-K can raise questions about income, records, and possible taxes. The form may come from a payment app ...

Need help with prediction market taxes in 2026? Learn how to report IRS event contracts for Kalshi, Polymarket, and Robinhood trades today!

Crypto tax enforcement entered a new phase in January 2025 when the IRS activated Form 1099-DA for digital asset transactions. Brokers filed the first batch of these forms in early 2026, covering ...

Not all taxpayers have the same deadline to file their Income Tax Return (ITR) for Assessment Year (AY) 2026-27. While salaried individuals and those filing ITR-1 or ITR-2 were supposed to file their ...

ITR Filing Deadline August 2026: The income tax return filing deadline is not the same for every taxpayer for the assessment year (AY) 2026-27. While salaried individuals and most taxpayers filing ITR ...

The Taxpayer Assistance and Service (TAS) Act would expand taxpayer rights by requiring faster IRS decisions on refund claims and offering new appeal options through IRS Appeals and the U.S. Tax Court ...

The IRS published final regulations (T.D. 10053) that reflect changes to the Sec. 3406 backup withholding threshold made by H.R. 1, P.L. 119-21, commonly referred to as OBBBA. The final regulations ...

Investors with digital assets like bitcoin and ether often have a difficult time figuring out how much tax they owe on transactions. By one estimate, roughly 32% to 56% of U.S. taxpayers with crypto ...