Filing an income tax return is few people’s idea of fun — but it’s worse when you can’t file the return because somebody using your identity already did. That increasingly common type of fraud can be ...
Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary ...
An IRS Form 1095 will give you proof of health insurance for your taxes. No, you no longer need to prove you have health insurance on your federal tax returns. This change happened in 2019 when ...
The IRS instructions for Form 1040 typically include a table to help you calculate the standard deduction available to you based on when you (and your spouse, if applicable) were born and whether ...
Thousands of workers are set to be out of a job at the IRS with just under two months left in the tax filing season. Thomas is a native of upstate New York and a graduate of the University at Albany.
Yet the private sector leaders advising President Trump on ways to increase government efficiency are deploying this exact approach by targeting the Internal Revenue Service, which collects ...
"Smishing" is a scam method that uses text messages to trick people into giving away sensitive information that could lead to losing money or having their identity stolen.
A 1099 form is a record that an entity or person (not your employer) gave or paid you money. One copy goes to you and another copy goes to the IRS. Many, or all, of the products featured on this ...
1. How do I file income tax withholding returns? MRS Rule 104 generally requires all employers and non-wage payers to electronically file Maine income tax withholding returns. File Forms 941ME ...
A variety of 1099 Forms are used to report income to the IRS A Form 1099 is issued to report non-employment income to the Internal Revenue Service (IRS). This type of income can include interest ...
As part of IRS efforts to increase tax enforcement for wealthy taxpayers, the agency is implementing the use of artificial intelligence (AI) to identify possible violations on high-income tax returns.