If you made $5,000 or more through PayPal, Venmo, Cash App or a similar platform, the IRS will now require these companies to issue tax form 1099-K detailing your earnings. This isn't a new tax ...
The IRS said it's distributing about $2.4 billion to taxpayers who failed to claim a Recovery Rebate Credit on their 2021 tax returns. People who missed one of the COVID stimulus payments or had ...
If you plan on filing your own taxes this year, you may qualify for a simple tax return. You can file a simple tax return for free using one of the many tax filing programs we recommend.
ALBUQUERQUE – The New Mexico Department of Workforce Solutions (NMDWS) will mail out all IRS 1099-G forms by January 31, 2025, to individuals who received Unemployment Insurance (UI) benefits in 2024.
2025 promises to be a very big year for tax legislation. Having the White House, House and Senate all in control of the same party increases the likelihood that major tax legislation can be agreed ...
you must report these transactions on your federal income tax return. IRS Form 8949 is crucial in reconciling the information reported on Forms 1099-B or 1099-S with the amounts you report on your ...
Form 16 is the format which an employer should use for the purpose of issuing an acknowledgement of the TDS withheld on an employee's salary. Any person responsible for deducting tax at source (TDS) ...
WASHINGTON—Tax cutters are beating deficit hawks in the early phases of the Republican Party’s fiscal tug of war. Republican leaders call extending trillions of dollars in expiring tax cuts ...