As the 2025 tax season approaches, taxpayers should brace for new developments and potential challenges. While timely refunds ...

The all-important W-2 tax form is provided by employers to employees who earned at least $600 in cash or non-cash payments in the prior calendar year.

The Internal Revenue Service’s free tax-filing system will get a new ability that critics say it should have had all along: automatically filling in information that the IRS already has.

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 ...

The Internal Revenue Service announced in December that it would be distributing about $2.4 billion — up to $1,400 per individual — worth of stimulus checks to U.S. taxpayers who did not claim ...

(WJW) – The Internal Revenue Service announced last month that individuals who did not receive one, or more, stimulus payments they were eligible for during the height of the Covid-19 pandemic ...

An automatic six-month extension is available by filing Form 4868. However, taxpayers must request the extra time by the due date of their return and could owe interest on any tax that is not paid ...

A frustrating thing about working hard to earn money is knowing the IRS will tax a portion of your earnings. Federal taxable income generally includes wages, tips, royalties, commissions ...

But oddly enough, some 1 million taxpayers are receiving extra cash out of the blue from the IRS. Most of these people filed a 2021 tax return three years ago but somehow they skipped claiming a ...

Employers are also legally obligated to file a copy of each Form W-2 with the Social Security Administration and with the state Department of Revenue by Jan. 31. According to the IRS, employees ...

Forms W-2s showing employment ... deadline, when tax returns typically are due. But you can get an extra six months automatically, taking you to Oct. 15, by filing Form 4868 with the IRS (or ...