A $650 million state revenue shortfall is expected in Massachusetts due to changes in the federal tax code, according to a Department of Revenue.

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 ...

Rebecca Lake is a certified educator in personal finance (CEPF) and a banking expert. She's been writing about personal finance since 2014, and her work has appeared in numerous publications online.

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 ...

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

If you freelance, side hustle or sell products online, you're most likely familiar with the Form 1099-K. It's a form that ...

Small-business owners commonly make or receive payments that must be reported to the Internal Revenue Service. Many of these payments are reported using Form 1099-MISC. To fill out this form, though, ...

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

The Internal Revenue Service has posted a draft version of Schedule 1-A, "Additional Deductions," for Form 1040 that will be used next tax season when claiming new tax breaks in the One Big Beautiful ...

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

The enhancement is designed to automate and consolidate the entire 1099 cycle, from client onboarding to the final filing.