Weakened courts, happy heirs, and work requirements. The House-passed version of Donald Trump's tax plan takes from poor, ...

Marni Rose McFall is a Newsweek reporter based in London, U.K. Her focus is on internet trends, U.S. politics and popular culture. She has covered fashion, culture, art and music extensively.

The Internal Revenue Service extended its transition relief Tuesday for the new Form 1099-K information reporting threshold, setting it at $5,000 for 2024 and $2,500 in 2025 before reaching the ...

By signing this form, you grant an authorized representative, such as a tax attorney, CPA, or enrolled agent, the ability to manage certain aspects of your tax affairs with the IRS. Since your tax ...

The IRS has issued the instructions for Forms 1099-R and 5498 for reporting about the 2024 plan year. Form 1099-R, Distributions From Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, ...

The Internal Revenue Service released a revised draft version of Form 6765, the Credit for Increasing Research Activities, on Friday after hearing comments about an earlier version of the form, only ...

IRA custodians are required to issue IRS Form 5498 by May 31 to report certain IRA activity for the previous year. You might receive a Form 5498 for 2023 if you had reportable deposits for your ...

You can find your total contributions for the tax year on Form 5498-A, which your HSA administrator is required to send you. However, they aren’t required to send you this form until May because ...

TaxBandits, an IRS-authorized e-file provider, offers a streamlined filing solution that helps alleviate the pressure of last-minute filing. Form 5498 is filed by trustees or custodians of ...