The IRS didn’t include its new form (1099-NEC) for documenting non-employee income in the program last year. Businesses that use independent contractors to undertake tasks, such as Uber UBER -5 percent and Doordash, use the form. As a result, 36 ...
The Internal Revenue Service advises taxpayers of certain items to remember while filling out income tax returns this year. The filing season begins on Jan. 24, 17 days earlier than last year. As a result, there is a slight delay ...
The tax season for this year begins on Monday, January 24. Parents should expect to receive the remainder of their child’s tax credit money after submitting their tax returns, but that isn’t the only significant advantage for parents this season. ...
The IRS has adopted a new verification process for taxpayers who want to access their online tax accounts and self-help resources, which includes snapping a selfie and uploading a photo of their driver’s license or passport to a third-party site ...
For many reasons, the IRS sends millions of notices and letters to taxpayers each year, so make sure your postal address is up to date. There are a few things you’ll need to add to your to-do list if you’re ...