Help your child learn the process and build good habits Beverly is a writer, editor, and paralegal specializing in personal finance and tax law. She covers personal financial and legal topics, as ...

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 ...

WASHINGTON -- The IRS is drafting plans to cut its workforce by as much as half through a mix of layoffs, attrition and incentivized buyouts, according to two people familiar with the situation.

Key Takeaways - How to Avoid Paying Taxes on Debt Settlement An individual overwhelmed by debt who is considering debt settlement has to take possible drawbacks into account, with a tax obligation ...

What Is Form 1098: Mortgage Interest Statement? Form 1098 is a tax document that homeowners will receive if they pay $600 or more in mortgage interest over the course of a year. Your mortgage ...

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 ...

What Is Form 1040-X, Amended U.S. Individual Income Tax Return? The 1040-X, Amended U.S. Individual U.S. Income Tax Return is a form used by taxpayers who need to ...

You may be self-employed in the eyes of the IRS if you received a 1099 form from an entity you did work for. You may also have to pay self-employment tax if you made $108.28 or more in income from ...

Need more time to file taxes? Fill out IRS extension Form 4868 mapodile / Getty Images Taxpayers unable to file their federal income tax return by the filing deadline can apply for an extension ...

Form 1120-S is the annual tax return for S corporations. What Is Form 1120-S: U.S. Income Tax Return for an S Corporation? Form 1120-S: U.S. Income Tax Return for an S Corporation is a tax ...

Form 4797: Sales of Business Property is a tax form distributed by the Internal Revenue Service (IRS). It is used to report gains made from the sale or exchange of business property, including ...

A tax return is a form filed with a tax authority that reports a taxpayer's income, expenses, and other pertinent information. It allows a taxpayer to calculate their tax liability so they may ...