On December 4, the Treasury Department (Treasury) and the Internal Revenue Service (IRS) released final regulations providing further guidance ...

Anyone who earned over $5,000 in income through third-party apps will receive a 1099-K tax form to file with your tax return.

ProPublica’s “Secret IRS Files” series contains examples of billionaire financiers who avoided Medicare tax despite earning ...

This is not the first time the IRS has delayed the reporting requirement, having done so in 2022 and then again in late 2023 ...

Most working Americans have to pay Medicare taxes, but some of Wall Street’s richest figures found a way to opt out.

Small businesses and freelancers using payment platforms like Venmo and PayPal will face new IRS reporting requirements this tax season.

The Internal Revenue Service or IRS changes perks and contribution limits for various tax-advantaged accounts based on annual ...

In this episode of Tax Notes Talk, a Tax Notes investigation unveiled how money sheltered in offshore insurance investment ...

DOGE’s supposed goal is to identify $2 trillion in savings and reduce the size of government—and the deficit—by slashing ...

There are a couple of weeks left in 2024. That gives you a little time to do any number of things that can reduce your taxes and boost your bottom line for this year.

There are a couple of weeks left in 2024. That gives you a little time to do any number of things that can reduce your taxes and boost your bottom line for this year.