Taxing authorities’ use of these new tools and capabilities requires corresponding adoption by tax professionals.
Millions of workers saw bigger refunds or smaller tax bills after claiming a new overtime deduction. But some ask why so many claimed the tax break.
Dublin, April 15, 2026 (GLOBE NEWSWIRE)-- The "Basics of 1099 Reporting: IRS Form 1099, 1099-NEC, and Form 1099-MISC" webinar has been added to ResearchAndMarkets.com's offering. Gain a better ...
The final regulations list more than 70 separate occupations of tipped workers, from bartenders to clowns to golf caddies.
If you got a brokerage 1099 this year, go and check Box 2a yourself. You might be surprised by what you find there.
Tip income involving "service charges" will not qualify 'unless the customer has an option to disregard or modify the service ...
If you earn money through a side hustle, run a small business, or get paid through apps like Venmo, PayPal, or Cash App, or sites like eBay, you’ve probably come across a lot of mixed messages about ...
Cryptocurrency transactions continue to be a major focus for the IRS, and this year brings new reporting requirements. Taxpayers who sell digital assets will receive a new 1099-DA showing the sale ...
Beginning with crypto transactions in 2025 (to be filed in the 2026 tax season), crypto brokers in the United States, such as Coinbase (Nasdaq: COIN), are required to issue a new document known as ...
The Internal Revenue Service and the Treasury Department issued a set of proposed regulations Thursday aimed at making it simpler for digital asset and cryptocurrency brokers to provide the new Form ...
You’ve probably been seeing a steady flow of items marked with that label pop up in your mailbox, and most likely your email inbox, too. They’re a harbinger of the tax season to come, and they’re ...