According to Forbes, it is important to check all 1099 forms before filing. Most come in late January or early February but some may come throughout the year. If a 1099 is missing or has an error, you ...

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 ...

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 ...

The tax agency will start accepting 2024 tax returns on Jan. 27 and expand the Direct File system for free tax filing to more states. The Internal Revenue Service’s free tax-filing system will get a ...

The time it takes to receive a federal income tax refund could drag out six weeks and more next year for many people who are bound and determined to receive a paper check in the mail. Beginning next ...

Plus: major music labels are preparing to make deals with AI firms This is today's edition of The Download, our weekday newsletter that provides a daily dose of what's going on in the world of ...

Form 1099-K reporting requirements have created a lot of confusion, and it's understandable why. Many of those sellers haven’t received 1099-Ks before, so understanding the new rules is important for ...

Some taxpayers who filed "bare trust" forms to the Canada Revenue Agency last year may have done so needlessly as the federal government examines further changes to the reporting requirements — ...

If you earn tips or overtime, the IRS just made your 2025 tax season a little more interesting. A new draft form, Schedule 1-A, lets you claim deductions on those earnings, along with car loan ...

The Office of the Tax Ombudsman (OTO) has published draft recommendations to SARS to change its tax refund verification processes to combat eFiling profile hijackings in South Africa. This includes ...

South Africa’s tax base continues to increase, but many South Africans living abroad are at risk of being taxed by two different authorities. South Africa’s income tax base continues to grow, growing ...