A 1099-K form is sent to self-employed people who use third-party payment apps. Its threshold has been lowered from $20,000 ...
The income tax deadline is April 15 for most taxpayers. But taxpayers in Florida, North Carolina, and other areas hit by ...
A tax refund is money returned to you by the US Treasury if you overpaid your state or federal taxes during the previous year ...
Starting with the 2025 tax year, Form 1099-DAs will replace 1099-Bs for reporting crypto trades. For this current tax season, you will not see any 1099-DAs. Keep this change in mind as it may affect ...
Let’s assume that a house destroyed by the fires had a $1-million market value and a $600,000 taxable value this year.
With the crypto tax scene changing, ta op attorney has called out an unfair discrepancy in expected disclosures for digital ...
The maximum tax credit per qualifying child is $2,000 for children under 17. For the refundable portion of the credit (or the ...
The IRS announced the date tax season will begin, along with key changes taxypayers will see this year. Here's what you ...
The best ways to use your tax refund include building an emergency fund, paying off high-interest debt, and saving for ...
Here is what you should know about the child tax credit for this year's tax season and whether you qualify for it.
Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require ...
Tax season is nearly here and there are some changes you might want to know about. Here's what Californians should know.