More people are making legal sports bets on the Super Bowl and March Madness. But what do gamblers need to know at tax time?

If you see “1099” on a piece of mail and just shove it into a folder, you’re missing out on valuable information.

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

Taxpayers often use entities characterized as partnerships for federal income tax purposes to conduct their business activities. In addition to offering limited liability (e.g., limited liability ...

This should be a banner year for taxpayers seeking free tax-preparation. But one key IRS program is under fire.

But payments were set to go out automatically in December, according to an IRS statement issued Dec ... Parents of a child ...

The Missouri Republican's Jan. 23 statement ... for example, notes that it partners with hundreds of payroll providers and ...

Taxpayers will receive a 1099-K from payment card companies, payment apps and online marketplaces when transactions during ...

It’s now the norm for Americans to file their taxes online — the IRS reports that more than 90 percent of individual tax returns were e-filed in 2023, the most recent data available. Even most profess ...

This should be a banner year for taxpayers seeking free tax-preparation. But one key IRS program is under fire.