A variety of 1099 Forms are used to report income to the IRS Fact checked by Vikki Velasquez Forms 1099 report a wide range of taxable income to the Internal Revenue Service (IRS). Issuers of these ...
"Whether or not you receive a Form 1099-K," the IRS states online, "you must still report any income on your tax return. This includes payments for any goods you sell (including personal items such as ...
Plus: Proposed regulations for “no tax on tips,” new tax forms, Roth catch-up contributions, charitable donation deductions, ...
Congress did not simply extend the Tax Cuts and Jobs Act provisions starting in 2026 with the One Big Beautiful Bill Act; it ...
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 ...
In our Ask the Editor round-up, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on the new tax deduction for ...
The Gabelli Global Utility & Income Trust is a non-diversified, closed-end management investment company. Read more here.
Gabelli Healthcare & WellnessRx Trust is a diversified, closed-end management investment company whose investment objective ...
Contributing to a 401(k) is one of the most effective ways to save for retirement. However, it's possible to have too much of ...
The IRS has expanded its reach from targeted probes to near real-time blockchain surveillance, reshaping crypto tax ...