Businesses must meet the February 18, 2025 deadline to furnish recipient copies of Forms 1099-B, 1099-S, and 1099-MISC (Boxes 8 and 10) ...

Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and benefits available to you to reduce your ...

The IRS’s new 1099-K rules are adding stress for a group of workers who already tend to have somewhat complicated tax situations.

Download and save the PDF to your computer Open the downloaded PDF in Acrobat Reader 10 or later The t2200 form must be completed by employers in order for their employees to deduct employment ...

W-2 forms should have arrived in mailboxes and inboxes by Jan. 31. Here's why you need that form for the 2025 tax season and ...

Your employer, according to the IRS, is required to provide or send Form W-2, known as a "Wage and Tax Statement" to you no ...

If you are starting a business, it is essential that you familiarize yourself with all of the necessary tax forms you will ...

The Internal Revenue Service has set its calendar for the upcoming tax-filing season: Americans can start submitting their income-tax returns on Monday, Jan. 27. As people send in their 2024 ...

The self-employment tax rate is 15.3% of net earnings. That rate is the sum of a 12.4% Social Security tax and a 2.9% Medicare ... IRS tax form that reports profit or loss from a business.

W-2 forms are available electronically. Employees who consented to receive their form electronically will not receive a printed copy via U.S. postal mail. If you have previously opted for electronic ...

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.