People preparing to file taxes for the 2024 tax year may be eligible to claim a student loan tax deduction for interest payments.

Investopedia / NoNo Flores Form 1099-NEC is the Internal Revenue Service (IRS) form used by businesses to report payments made to independent contractors, freelancers, sole proprietors ...

If a U.S. citizen or resident received a gift or bequest from a foreign person after June 17, 2008, they may be required to file Form 708 and pay the Section 2801 transfer tax to the IRS.

Comptroller's letter should be supplied to vendors when making purchases which qualify for exemption from Texas Sales and Use Tax. Form W-9--- This form should be sent to any company that pays the ...

Danny Werfel, the commissioner of the Internal Revenue Service, will resign Monday, he told employees, as President-elect Donald Trump eyes a successor to undo much of President Joe Biden’s ...

Dealing with delinquent tax debt may be one of the most stressful financial challenges a person can encounter. After all, between the mounting penalties, the Internal Revenue Service (IRS ...

Here's how it differs from income tax. Your employer has until Jan. 31 to send your Form W-2, either by mail or electronically, according to H&R Block. According to the IRS, the deadline to file ...

Typically, this information gets reported using an IRS tax form called the 1099-K. The Form 1099-K is a reporting form meant specifically for transactions made through third-party network ...

Businesses classified as a corporation, C-corporation, S-corporation, LLC, partnership, trust, or estate can file Form 7004 to request an extension of up to 6 months for filing their business income ...

or estate can file Form 7004 to request an extension of up to 6 months for filing their business income tax return. This extension applies to various commonly used forms, including Form 1065 and ...