Hunter Biden whistleblowers have been promoted as part of a modernization drive aimed at improving taxpayer compliance.
IRS draft guidance updates gambling tax reporting threshold, impacting players while modernizing W-2G requirements for ...
In its annual report, IRSAC said the IRS has been through “an extraordinarily difficult year” with budget and staff cuts ...
Fake calls claiming you owe back taxes are rising, the FTC warns. These scams rely on pressure and confusion, but a few simple checks can help you avoid becoming a victim.
The $600 reporting threshold has become a flashpoint for anyone who earns money through side gigs, payment apps, or freelance work. I want to unpack how that old limit is being reshaped, what the new ...
The Internal Revenue Service (IRS) has unveiled a new initiative that could potentially earn you an extra income if you report individuals engaging in illegal tax activities. This strategic plan is ...
What are the IRS reporting requirements for rental income? If you’re a new real estate investor, you might ask yourself, “Will the IRS know about my rental income?” The answer is simple: Yes, the IRS ...
(Bloomberg) -- The Internal Revenue Service lost 31% of its auditors from buyouts and layoffs tied to Elon Musk’s Department of Government Efficiency, departures that are likely to hamper the agency’s ...
The main difference between a W-9 and a 1099 is that you fill out a W-9, while the business or entity that is paying you ...