Boston Mayor Michelle Wu banked more than $184,000 last year, nearly all of which came from her $207,000 mayoral salary, ...

The deductions are documented on Internal Revenue Service Schedule C, which is filed with the small business owner's Form 1040 ... Do Businesses Have to Send W-2 Forms?. Businesses must send ...

The IRS has issued proposed regulations that clarify and implement catch-up contribution changes introduced by the SECURE 2.0 Act of 2022.

There is no special federal day care tax form. H&R Block says most day care ... You'll receive a W-2 showing how much the state paid you, with withholding for taxes and Social Security.

If you receive Social Security benefits, you probably know about the SSA-1099 or SSA-1042S tax form. Each January, the Social ...

Competing House and Senate bills have the potential to reshape how the IRS taxes tips and overtime wages. The Senate recently passed the “No Tax ...

Wu and her husband reported about $184,000 in federal gross income last year. During this year's mayoral race, Wu has ...

On May 22, 2025, the U.S. House of Representatives passed the “One Big Beautiful Bill Act” (the “BBB”) as part of the Republican ...

Section 6721 of the Internal Revenue Code imposes a penalty on any person who fails to file a Form 1099 or other information return to the IRS by ...

Trump's "no tax on tips" pledge from his 2024 campaign is inching closer to reality. Here's a look at what's in the provision.