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Your debt was forgiven, but now the IRS wants its cut: What's Form 1099-C?
Received a Form 1099-C for canceled debt? Learn why the IRS may consider it taxable income and, crucially, how you might be ...
There’s no requirement that the form be downloadable, but the Internal Revenue Service does require 1099-INT forms to be ...
Make sense of the new rules for digital asset reporting, including transition relief for 2025 and safe harbors going forward.
The IRS says a surge in fabricated Form 2439 filings prompted the only new addition to this year’s Dirty Dozen, underscoring how quickly tax schemes evolve.
With the tax filing season already underway, revised 1040 instructions make the tips deduction more complicated and limited for the self-employed.
The Hawaii County Council voted 5-1 on Wednesday to pass a measure creating a new residential property tax classification for luxury homes worth more than $4 million.
The IRS processed more than 20 million tax returns so far during the 2026 tax season according to the service's most recent published statistics, and if you're among the millions of people whom filed ...
The good news? The average dollar amount of tax refunds issued so far is up. The rough patch? The IRS has processed far fewer returns in the first two weeks than a similar time frame a year ago. The ...
With bigger tax refunds expected this season, it can be tempting to file returns earlier than usual. But incomplete filings can raise flags for the IRS, delaying processing or even triggering an audit ...
The IRS is the latest federal organization feeling the pinch of downsizing, which could be impacting much more than the timely release of tax return statistics. That data includes number of returns ...
Each year, the Internal Revenue Service (IRS) processes over 160 million individual tax returns, with agency data showing that mathematical errors, incorrect filing statuses and misreported income ...
The 2026 tax season has officially started, and IRS Criminal Investigation officials from the Atlanta Field Office are urging taxpayers to stay vigilant against unscrupulous tax preparers who prey on ...
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