You could receive Form 1099-K for business payments from Venmo or PayPal this season. Here’s what taxpayers need to know.
That said, if you held crypto all year without making any transactions, you won't need to report it as taxable income on your tax return. However, you will still need to check "Yes" on your tax return ...
Thieves take advantage of news events and your desire for a big tax refund to steal your identity and your money.
There are three status updates which the taxpayer might see: “received return,” “refund approved,” or “refund sent.” If the ...
So, what are your changes of being audited? Regardless of income, your chances of being audited are pretty slim. Of the ...
Errors can lead to delays in tax refunds. Certain mistakes can even turn a refund into an unexpected tax bill.
You pay your federal income tax liability through withholding from your paycheck, estimated tax payments (usually if you’re self-employed) and payments made with the tax forms y ...
“The most common mistake that you’ll see is that a taxpayer will go to an accountant or go to do their taxes through a ...
It's tax season, and if you've received an unfamiliar income form this year, it might be a 1099 tax form. A 1099 form is used ...
If you think you need to file a return this year, maybe for the first time, you're likely wondering where to start.
Simple errors could lead to costly mistakes on your federal tax return. For instance, while it seems like a no-brainer that you'd remember to sign your tax form or that your arithmetic would be ...
Tax filing season is officially underway and taxpayers should be on the lookout for W-2 and 1099 forms, among other tax-related documents to ensure they have them before filing.