First-time filers sometimes fall into the trap of believing that only full-time, permanent employees have to file and pay ...

The Form 1099-K is meant to report income from payment apps (like Venmo or Paypal), as well as from online marketplaces or ...

In recent years, the utilization of qualified small business stock (“QSBS”) has grown considerably. Many businesses are ...

The agency has “very sophisticated software” that compares information returns to what’s reported on your filing.

If you are starting a business, it is essential that you familiarize yourself with all of the necessary tax forms you will ...

If you have a tax paper from someone other than your employer, you may have received a 1099. But what does the form mean, and ...

If you earn money on PayPal, Venmo, Cash App or another third-party payment app, the IRS will know about it. Third party ...

Tax season kicked off Jan. 27, so it's time to start preparing. While you have until April 15 to file taxes, waiting until the last minute probably isn't the best idea. Getting your documents in ...

Learn when to expect your IRS refund based on filing method and date, with electronic filers receiving refunds faster.

LegalZoom explains why owners should still file a federal tax return even if their LLC did not do any business in the ...

As tax season approaches, it's crucial to stay informed about the latest updates to IRS Form 1040 and its schedules.

Filing your taxes for the first time? Here’s everything you need to know, including the necessary forms, how to report your income, your filing status, and your filing options.