Forms 1099 report a wide range of taxable income to the Internal Revenue Service (IRS). Issuers of these payments are ...

The IRS is rolling out significant tax form changes impacting seniors over 65. These updates aim to ease the financial burden on this demographic by introducing new deduction opportunities.

Form 1099-OID: Original Issue Discount is an Internal Revenue Service (IRS) form that taxpayers receive if their taxable income for the year includes any original issue discount (OID) payment.

Businesses must file payroll forms on time to stay in good standing with the Internal Revenue Service (IRS). That’s why we will look at 10 important payroll forms and examine their use cases ...

WASHINGTON — More Internal Revenue Service forms can now be amended eletronically, the federal agency announced in a press release.