A business owner’s ultimate guide to IRS Form 1096 — including who needs to file and step-by-step instructions. Many, or all, of the products featured on this page are from our advertising partners ...

New rules are yet again in store for 2025 sales of tickets and other goods and services online. Sellers flagged as 'business' or 'professional' sellers on platforms may get 1099-K forms at lower ...

The Internal Revenue Service has posted a draft version of Schedule 1-A that will be used next tax season when claiming new ...

Cash gifts and income are subject to IRS reporting rules. Gifts of up to $19,000 in cash are exempt from reporting in 2025. Those who have household employees must report cash payments that exceed ...

Rajeev Dhir is a writer with 10+ years of experience as a journalist with a background in broadcast, print, and digital newsrooms. Lea Uradu, J.D., is a Maryland state registered tax preparer, ...

The IRS understands that filing your taxes is like pulling teeth -- but that doesn't excuse sloppy filing or intentional ...

Backup withholding is a tax on certain nonpayroll income. Learn more about how it works, which payments it applies to and how to stop it. Many, or all, of the products featured on this page are from ...

Online banks offer cash deposits through ATMs and partner retailers. Compare fees, limits, and the easiest methods for adding cash to online-only banks.

ITR filing FY 2024-25: Salaried taxpayers preparing to file their Income Tax Return (ITR) for AY 2025-26, with a deadline of September 15, 2025, should have their Form 16 ready. This form, ...

Here's a list of documents you need while filing your ITR for FY 2024-25 (AY 2025-26). While filing an ITR, you should gather all your relevant documents in advance. These documents are: Details of ...

The final day to file your taxes if you received an extension ahead of the original April 15 "Tax Day" deadline is just six ...

Instead of asking for total itemized deductions, the form has separate lines for: ...