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) ...

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

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 ...

That means you can do your taxes before you get your health insurance tax forms. However, if you plan to itemize your health expenses, you can either wait for the 1095 or calculate how much you spent ...

37% of Americans depend on tax refunds to cover essentials, including 50% of millennials. Nearly 45% of Gen Z and self-employed taxpayers say filing taxes is more stressful than paying them.

Taxes are a cost of doing business ... to their 1040 or 1040-SR form. The self-employment tax rate is currently 15.3%, which includes 12.4% for Social Security and 2.9% for Medicare.

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 ...