Knowing when to issue which kind of 1099 form to someone you paid money to can be a mystery to small business owners, but ...

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

The IRS issued the proposed regulations to reflect changes made by H.R. 1 to the threshold for backup withholding for ...

The main difference between a W-9 and a 1099 is that you fill out a W-9, while the business or entity that is paying you completes the 1099. In most cases, you should receive any 1099 form by the end ...

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

TaxAct. TaxAct falls right in the middle of the personal tax prep services we test, both in terms of price and features. It ...

A mismatch sends up a red flag and causes the IRS computers to spit out a bill that the IRS will mail to you (these letters ...

FreeTaxUSA keeps getting better. The latest version of the tax prep app now lets you import Form 1099s—including the new 1099 ...

Contributing money to a traditional or Roth IRA can help you save money for retirement on a tax-advantaged basis. Should you ...

Selling mutual funds? Choose the right cost basis method to manage taxes efficiently and maximize your gains. Explore ...

Discover the fundamentals of Medical Savings Accounts, their historical evolution, types, and how they compare to Health ...