The Social Security Administration has issued a crucial alert for millions of Americans: starting December 26, beneficiaries ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Jan 21, 2025, 09:08am EST Closeup of Form 1099-NEC and 1099-MISC.

The IRS urges taxpayers to get organized now to take advantage of changes under OBBBA that could impact tax deductions and ...

A stock photograph of a 1099 Misc tax form. Photographed with the Canon EOS 5DSR at 50mp and the 100mm 2.8 L (IS) lens. Incorrect IRS Forms 1099 are a big tax worry. After all, Forms 1099 generally ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. IRS Forms 1099 for 2024 should arrive in January, reporting how ...

Closeup of Form 1099-K, Payment Card and Third Party Network Transactions, an IRS information return used to report certain payment transactions to improve voluntary tax compliance. It’s that time of ...

Key Points ・Tax season may start later than usual. IRS leadership has indicated the filing season could open around ...

Forbes contributors publish independent expert analyses and insights. Ashley L. Case, J.D., LL.M., writes about tax and estate planning. Form 56 serves as a conduit of communication between taxpayers ...

With recent changes in tax law, beneficiaries are urged to pay close attention to these documents, which could influence ...

Closeup of Form 1099-NEC and 1099-MISC. The IRS has reintroduced Form 1099-NEC as the new way to report self-employment income instead of Form 1099-MISC as traditionally had been used. If you received ...

As resale apps and online marketplaces grow, tax experts warn that casual sellers may be crossing into reportable income ...