Your tax return could hold clues to several missed opportunities and important gaps in your retirement planning.

Bank account bonuses are a nice perk, but do you have to pay taxes on them? We examined a recent Reddit thread about how ...

When plaintiffs ignore or defer to defendants on settlement language classifying settlement proceeds, plaintiffs lose the ...

Misclassifying W-2 employees as 1099 contractors has severe penalties. Learn the biggest difference between the two types of ...

Today's announcement comes as the IRS plans to roll out the new Form 1099-DA, which cryptocurrency brokers will begin using in 2025 to report sales and exchanges of digital assets by customers. As ...

HYSAs offer higher interest with the same FDIC or NCUA protections of traditional savings, making them well worth your while.

IRS Form 2848 allows tax professionals, such as an attorney, CPA, or enrolled agent, to represent you before the IRS as if they were the taxpayer. Signing Form 2848 and authorizing someone to ...

Sovos, the always-on compliance company, today announced the launch of 1099 Professional, a new solution designed to simplify tax information reporting for small and medium sizes businesses (SMBs).

Savers will soon be fuelling a multi-billion-pound rise in income tax receipts as the effect of higher interest rates and frozen thresholds bite, new data shows. The latest Office of Budget ...

Another recent example is Trump's suggestion during a speech at the Detroit Economic Club that his administration would make car loan interest fully tax deductible. On the surface, this type of ...

Major changes to vehicle tax announced in the Budget could result in petrol and diesel vehicle owners facing a tax bill of £5,490 next year. The Government has declared that from April 1 ...

Chancellor Rachel Reeves will break a Budget pledge by increasing taxes on 700,000 freelance workers, an expert has warned. The Labour Party's manifesto for the 2024 election vowed not to raise ...