The IRS already has a complete list of every W-2 and 1099 filed under your Social Security number, and pulling that list ...

The U.S. Court of Appeals for the Seventh Circuit held that a taxpayer could not pursue damages under I.R.C. §7434 based on an allegedly fraudulent Form 1099-C, Cancellation of Debt, ...

What rules, IRS TIN Matching and AI each catch in 1099, W-2 and ACA filings, what an error costs at each stage, 2027 ...

An unexpected Form 1099-K can raise questions about income, records, and possible taxes. The form may come from a payment app ...

For taxpayers who are 65 and older, Form 1040-SR offers an easier filing method with larger print and special deductions. Find out more about its advantages.

Crypto tax enforcement entered a new phase in January 2025 when the IRS activated Form 1099-DA for digital asset transactions. Brokers filed the first batch of these forms in early 2026, covering ...

Discover IRS Form 1065 requirements, filing deadlines, and how businesses report partnership income to the IRS. Ensure timely ...

Wallet-by-wallet basis tracking is now the governing framework, and for many taxpayers, the limited remaining window under the Rev. Proc. 2024-28 transition safe harbor is rapidly closing. Even when a ...

With the retirement of the Filing Information Returns Electronically (FIRE) system by the end of 2026, Qualified Intermediaries (QIs) who have been filing US information returns (e.g., Forms 1042-S ...

The federal Form 1099-NEC reporting threshold has changed, but that doesn't mean your bookkeeping responsibilities have. Misunderstanding what changed-and what didn't-could lead to costly mistakes, ...

With constant revisions to the law and the related rule changes, it is crucial to remain up-to-date with the current information reporting laws to avoid those dreaded penalties and interest, not to ...