Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation.
The IRS again delayed the effective date of the $600 threshold for Form 1099-K reporting for third-party settlement organizations (TPSOs) and will treat 2024 and 2025 as transition years, the Service ...
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 ...
Ready to mail your third-quarter estimated tax payment? Mailing addresses for some Forms 1040-ES have changed. Here’s what you need to know about estimated tax payments—and where to mail them.
Stay in the clear and keep your finances in order with everything you need to know about IRS Form 941. Many, or all, of the products featured on this page are from our advertising partners who ...
The Internal Revenue Service will issue automatic stimulus payments to eligible Californians and others who did not claim the Recovery Rebate Credit on their 2021 tax returns. The money, for one ...
Over 150 million households that rely on the IRS benefits are left tackling an air of confusion. The possibility of the ...
The IRS recently released an updated Form 4255, Certain Credit Recapture, Excessive Payments, and Penalties, which is used to report the amount due for certain credit recaptures, excessive payments, ...
The IRS is switching up how and when it processes Employee Retention Credit claims — and is quietly shifting its moratorium. Tens of thousands of small-business owners will be paid their outstanding ...
The U.S. Internal Revenue Service (IRS) has previewed what crypto investors' future tax form might look like when it finishes its much-debated rule on how cryptocurrency transactions should be ...
It is fairly common knowledge in CPA circles that the rate at which the IRS examines partnership returns has cratered. Because of this, it may have escaped notice that the IRS has methodically ...
The Internal Revenue Service (IRS) has issued a reminder to taxpayers about payment plans ahead of the upcoming tax deadline. An IRS payment plan is an agreement you make with the agency to pay your ...