The IRS can broaden the audit, and, in the wrong fact pattern, frame the issue as deliberate concealment rather than poor ...

(NewsNation) — Fewer side hustlers who get paid through such apps as Venmo or PayPal will get a tax form this year, but the IRS still expects them to report the money they made. “Even if you don’t get ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Incorrect IRS Forms 1099 are a worry, since Forms 1099 generally ...

According to the IRS, this is a required tax form that employers must file with the Social Security Administration (SSA) and provide a copy to each employee. It reports: The employee’s total wages, ...

Form 4547, which allows taxpayers to elect the new Trump accounts, was clearly numbered with purpose. But when it comes to 1040s, W-2s, 1099s, and other familiar forms, the explanation is far less ...

Reporting cryptocurrency on your taxes is changing for the 2026 tax season. This year, the IRS is introducing a new dedicated crypto tax form called 1099-DA for all "digital asset proceeds from broker ...

Forbes contributors publish independent expert analyses and insights. Admitted NY Bar and US Tax Court, covers US international tax law. IRS new Form 708 enforces a 40% transfer tax on U.S. recipients ...

The IRS has released Form 4547, allowing parents to register eligible children for Trump Accounts when filing 2025 tax returns. Here’s how the election works, who qualifies, and what happens next. Tax ...

Got a tip on a tax dodger? The IRS Whistleblower Office has updated Form 211, allowing tips to be submitted digitally for the first time—cutting paperwork, reducing errors and speeding up the process.

The Internal Revenue Service continues to seek feedback regarding the draft instructions for Form 6765 and is extending the dates for reporting requirements related to the Credit for Increasing ...