Janet Berry-Johnson, CPA, is a freelance writer with a background in accounting and income tax planning and preparation for individuals and small businesses. Her work has appeared in Business Insider ...
Quick confession: This is my favorite time of year. I love all of it. In Pennsylvania, the leaves are just starting to turn colors. It’s turning cooler which means that I can open the windows and dig ...
Here's a cheat sheet to help you navigate the most popular tax forms. There's no need to spend another second muddled about all the forms you'll need to file your tax return. Here's a quick resource ...
The Social Security Administration has issued a crucial alert for millions of Americans: starting December 26, beneficiaries must be vigilant about receiving two key tax forms necessary for filing ...
Sprintax is recommended to prepare your federal and state tax forms if you are a Non-Resident for Tax Purposes with taxable income. Unfortunately, Sprintax does not provide assistance with local tax ...
A variety of 1099 Forms are used to report income to the IRS Fact checked by Vikki Velasquez Forms 1099 report a wide range of taxable income to the Internal Revenue Service (IRS). Issuers of these ...
How much you owe the IRS at tax time is determined by the tax brackets you're eligible for. For tax year 2025 (filing in 2026), there are seven brackets: 10%, 12%, 22%, 24%, 32%, 35% and 37%. Each ...
IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...
This year, some gig workers, freelancers and small business owners received an unfamiliar IRS tax form: a 1099-K. If you're one of them, how you report this form on your tax return could accidentally ...