Using the wrong IRS form (W-8BEN vs. W-9) can trigger tax withholding, delays, corrections and worse. Know your tax status to ...

Tax season begins this month. And this week, the IRS posted a reminder for those who want to get ready for tax season now. "As the IRS continues its digital transformation, it’s making filing easier ...

The IRS on Friday released a draft of Schedule 1-A (Form 1040), Additional Deductions, which includes sections for calculating four deductions allowed under H.R. 1, P.L. 119-21, commonly known as the ...

Janet Berry-Johnson, CPA, is a freelance writer with a background in accounting and income tax planning and preparation for individuals and small businesses. Her work has appeared in Business Insider ...

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 why did you receive yours? IRS Form 1099 is informational. This means that ...

Tax season is officially here. If you don't know, tax season starts well before the April deadline, usually on the last Monday in January. Here's when the last day to file taxes is, what documents you ...

Tax season is well underway, with many people who have already filed eagerly anticipating their return. However, if you haven ...

IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...

People who don’t normally file a tax return could be leaving their part of nearly $1 billion in tax refunds on the table, the Internal Revenue Service (IRS) said. But you only have until May 17 to ...