Despite the government shutdown, taxpayers are gearing up for tax season. The Internal Revenue Service (IRS) will begin accepting paper and electronic tax returns on January 28, 2019. That means that ...

If you receive a Form 1099 you think is wrong, you can ask the payer to correct it. They can destroy the incorrect one if they have not already sent it to the IRS. If it's too late, they can issue a ...

A 1099 form reports income you earned as a non-employee, meaning taxes weren’t withheld from your pay throughout the year. You’ll typically receive one if you were paid as a freelancer, independent ...

View post: Amazon is selling $200 AI earbuds for just $40 that translate 198 languages in real time If you are involved in a trade or business and receive payments from other people or entities, these ...

A 1099 form is a document that businesses use to report various types of government payments to both the IRS and payees. This includes payments for services, dividends, interest, rents, royalties, and ...

Here's the tax form you'll need to report your income on your tax return. Tax season has started, and already, you should have gotten a lot of the forms you need in order to prepare your return. In ...

Dividends Received in Taxable Accounts Will Be Recorded on the Form 1099-DIV. The Brokerage Will Summarize All Stock 1099-DIV Reports Onto One Consolidated 1099-DIV. The Numbers Reported Can Seem ...

There is a special rule for cash-basis taxpayers regarding payments that are counted as expense in the tax year paid, but the recipient has income in the following year of actual receipt. For example, ...

Tax season has started, and already, you should have gotten a lot of the forms you need in order to prepare your return. In particular, if you had a bank, credit union, brokerage account, or other ...