If your income, investments or life circumstances have changed, it may be time to switch tax software. Find the best tax ...

The federal rule that would have required crypto platforms to report users’ transactions to the IRS has officially been scrapped.

A relatively smooth filing season offered a lot to learn about the future of the IRS, the importance of tax planning, changes ...

The pair took voluntary resignation offers and left their positions after only a little more than a year of government ...

Burleigh County released documents backing its push to change the auditor/treasurer role from elected to appointed, citing ...

One of the simplest ways to avoid issues with Venmo tax reporting is to categorize your transactions correctly. Venmo offers two key labels: “Goods and Services” and “Send to a Friend.” These labels ...

Box 3 on Form 1099-MISC or 1099-NEC labeled “Other Income” often becomes the source of major tax complications. This catchall ...

If you received tax-exempt interest, you should get a Form 1099-INT or a Form 1099-OID. You can find your tax-exempt stated interest in box 8 of Form 1099-INT. For a tax-exempt Original Issue ...

The online portal is expected to open within a few days — with the Central Board of Direct Taxes notifying various ITR forms. Taxpayers can only start filing their returns once the Income Tax ...

every year should be aware that the tax department has introduced some changes in the format of Form 16 related to tax deduction and perquisites. The changes effected in the Form 16 format will ...

When Femtometrix later issued 1099 forms, Mr. Nazaryan sued. The action was removed to federal court but U.S. District Court Judge James V. Selna remanded the case to the Superior Court.