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 ...

IRS letters can be stressful, but they’re usually about common issues. Knowing why you got one and how to respond can help ...

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.

If the current budget reconciliation bill becomes law, the free IRS program could be terminated. I've grown pretty dependent ...