Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Millions of Forms 1099 are sent out every year. Most arrive in ...

Under the new law, reporting thresholds for Form 1099-K (for payment card and third-party network transactions), Form 1099-MISC (for payments not covered by other 1099 forms), and Form 1099-NEC (for ...

Taxpayers will need to calculate for themselves how much they can subtract from their 2025 taxable income using the new ...

Every spring, taxpayers across the country rush to pull together the forms, receipts and financial records required to file their taxes before the April 15th deadline. No matter how prepared you think ...

The IRS urges taxpayers to get organized now to take advantage of changes under OBBBA that could impact tax deductions and ...

Millions of Americans are preparing for a $1,390 stimulus check from the IRS, which is expected to be distributed in mid-summer 2025. This financial relief is part of an initiative intended to assist ...

Who Is Still Eligible For The $1,400 Stimulus Check IRS Payment? With only a few days remaining, those eligible for the $1,400 stimulus check IRS payment must act fast. As I wrote in a previous Forbes ...

For U.S. taxpayers who requested an extension to file their federal taxes, staying alert to deadlines is crucial to avoid penalties and potential liens. Every year, individuals can request extra time ...

Quick confession: This is my favorite time of year. I love all of it. In Pennsylvania, the leaves are just starting to turn colors. It’s turning cooler which means that I can open the windows and dig ...

With about an hour left to the IRS tax filing deadline, several social media users reported seeing a ‘payment plan submission error’ on Tuesday. The glitch could be caused by an outage on the IRS ...