Who has to file Schedule E Taxpayers who own rental real estate must file Schedule E to report any income or loss generated from their property. On this tax form, you’ll detail all of the income ...

The IRS and DHS have reached a data-sharing agreement to support the Trump administration's immigration enforcement agenda, according to a court filing Monday night.

This means you’ll receive your first Form 1099-DA for 2025 trades, due to you by Jan. 31, 2026, and to the IRS by Feb. 28 (or March 31 if filed electronically).

The IRS does not send confirmation letters for paper-filed Form 7004 applications, so businesses should keep a copy of their submission for records. For e-filed requests, confirmation is typically ...

The new tax reporting rule requires platforms like PayPal, Venmo, and CashApp to issue tax form 1099-K for earnings exceeding $5,000, CNET reports. While it’s not a new rule for freelancers, it ...

The IRS extended its transition relief for the new Form 1099-K information reporting threshold, setting it at $5,000 for 2024, $2,500 in 2025 before reaching the statutory level of $600 in 2026 and ...