For the first time, crypto exchanges will report your transactions to the IRS on Form 1099-DA. Learn what this means for your ...

From self-employment tax on your side hustle to surprise bills when debt gets forgiven, these seven tax obligations catch ...

Form 1099-NEC is used for reporting compensation paid to nonemployees. Here's what you need to know. Many, or all, of the products featured on this page are from our advertising partners who ...

The IRS issued guidance for workers eligible to claim the temporary deductions for tip and overtime compensation for tax year 2025 and is updating some income tax forms and instructions to help ...

It's no big deal. That was the state’s message to its retirees after it sent them partially mislabeled tax documents. But on Monday, it changed course after the Des Moines Register, alerted to the ...

If you freelance, side hustle or sell products online, you're most likely familiar with the Form 1099-K. It's a form that specifically reports card payments and transactions from online platforms, ...

1. What is the Form 1099-G or Form 1099-INT? Form 1099-G is a report of income tax refunds of $10 or more issued during the prior tax year, including overpayments carried to another tax period. Form ...

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 ...

While Notice 2025-33 delays certain penalties, brokers are still on the clock to prepare for Form 1099-DA reporting. These phased relief measures provide flexibility, but full compliance will be ...

If you received income from a Canadian source but don't have residency status in that country, you're likely to find that Canadian income tax was withheld from your payment and you will get an NR4 ...

The regulatory environment for digital assets will have significant implications for state-level reporting requirements. A notable development is Montana's introduction of the Form 1099-DA mandate, ...