The income tax deadline is April 15 for most taxpayers. But taxpayers in Florida, North Carolina, and other areas hit by ...

A 1099-K form is sent to self-employed people who use third-party payment apps. Its threshold has been lowered from $20,000 ...

Form 1099-R information is also shared with the IRS ... The author or authors do not own shares in any securities mentioned in this article. Find out about Morningstar’s editorial policies.

Starting with the 2025 tax year, Form 1099-DAs will replace 1099-Bs for reporting crypto trades. For this current tax season, you will not see any 1099-DAs. Keep this change in mind as it may affect ...

South Carolina employers and payroll service providers need to submit their 2024 W-2 and 1099 forms to the SCDOR by Jan. 31, ...

Gusto Payroll changed the details for distribution of 1099 and W-2 forms -- and so no one ends up without a copy of their tax ...

Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require ...

One major disadvantage of debt settlement is that the government may tax forgiven or canceled debt as income. This could eat ...

US crypto tax rules begin in 2025, requiring exchanges to report transactions to the IRS. Trump’s pro-crypto stance sparks industry optimism.

In the next few months, most Americans will be focused on getting their tax documents together to complete their 2024 returns.

April 15, 2025, is the filing deadline for federal taxes. That's on a Tuesday this year. If you fail to file or pay your federal tax return on time, the standard penalty is a whopping 5% of any tax ...