The IRS requires Solo 401k plan owners with more than $250,000 in their plan to file a Form 5500-EZ every year. The form satisfies annual reporting and filing obligations set by the IRS. It's another ...

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 ...

If you give someone cash or property valued at more than the 2023 annual exclusion limit of $17,000 ($34,000 for married joint filers), you'll have to fill out Form 709 for gift tax purposes. But ...

There are some scenarios in which Social Security benefits are taxed. If Social Security payments were your only income for the year, then you will not be taxed by the IRS. However, if you have ...

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 ...

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. Businesses must file payroll forms on time to stay in good ...

Here's when tax season begins and ends, what to know before you file and a list of some new tax breaks that were introduced ...