Learn how to fix errors, report missing forms, and stay compliant with the IRS before filing your 2024 tax return.

After years of uncertainty and changing requirements, the 1099-K reporting rules for 2025 are now set, and the thresholds ...

Key Points ・Starting January 1, 2026, forgiven federal or private student-loan balances may once again be considered taxable ...

Political donations from an LLC to candidates, PACs, or campaigns are not deductible. Charitable contributions by an LLC are ...

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 ...

Californians received news that the IRS decided the tax fate of special state payments "stimulus checks" made to millions of people across the country during 2022. In California, those payments were ...

Before filing, it’s a good idea to double check your IRS Forms 1099. They remind you that you earned interest, received a ...

But because of the One Big Beautiful Bill Act, things are rolling back again. For the 2025 tax year and beyond, the threshold ...

As the name suggests, annual reports are due every year in the state in which you're operating your business, though some ...

Taxpayers who want to claim some attractive new income tax deductions that were packed into the One Big Beautiful Bill Act will need to keep their records — and get ready to file yet another form to ...