W-2 forms are starting to arrive in mailboxes and inboxes. Here's why you need that form for the 2025 tax season.

With the tax filing season now underway in the United States, here's everything you need to know to file in Minnesota.

Last April in my column, “Put a little extra money away.” I shared information that our Cocke County Property Appraiser Macie Reed had given me about the reduction in the ...

Tax season has arrived, and TaxBandits is prepared to simplify year-end filings for businesses, accountants, and tax professionals nationwide. As a trusted IRS-authorized e-file provider, TaxBandits ...

The main difference between a W-9 and a 1099 is that you fill out a W-9, while the business or entity that is paying you ...

Rules and reporting requirements depend on whether the cash is income or a gift, how much money changes hands and if you're ...

If you're a freelancer, an independent contractor, or earn income from sources outside of a traditional job, you should receive a 1099 tax form by Feb. 15. Employers are generally required to ...

The Income Tax Department has introduced a new feature on its e-filing portal that allows taxpayers to submit rectification requests online, even if their Income Tax Returns (ITRs) are currently ...

Meanwhile, the credit for used EVs continues ... income (the “adjusted gross income” on line 11 of your tax return, IRS Form 1040) must be no more than $300,000 for joint filers, $225,000 ...

and use that information to fill out Form 8949. This shows the IRS that you made the effort to do the math and give them an estimate of what you owe. The information you need for each transaction ...

Hyundai’s new IONIQ 5 and IONIQ 9 were among the 25 EV models that qualify for the $7,500 US tax credit. Meanwhile, Kia is building its electric three-row EV9 and new 2025 EV6 at its West Point ...