IRS Form 2848 allows tax professionals, such as an attorney, CPA, or enrolled agent, to represent you before the IRS as if they were the taxpayer. Signing Form 2848 and authorizing someone to ...

Freelancers and independent contractors have to fill out Form W-9 for their employers and clients. Here's what to do and how ...

Payors must file Form 1099-INT and send a copy to the recipient by January 31 each year. Interest income must be documented on Schedule B of IRS Form 1040. Types of Interest Income Interest is a ...

Even if you do not receive a Form W-2, a Wage and Tax Statement, or a Form 1099 from the foreign payer, you are still required to report this income. For tax purposes, if you are not a citizen of ...

So, the IRS initially waived penalties for failing to take RMDs for certain IRAs inherited in 2020 and 2021. Later, the agency waived missed RMD penalties for IRAs inherited in 2022. Profit and ...

Download and save the PDF to your computer Open the downloaded PDF in Acrobat Reader 10 or later All designated educational institutions (DEI) in Canada will be required to file the new information ...

If you haven’t received your tax paperwork from your employer by now ... There’s been a lot of talk about Form 1099-K, which reports payments users collect through mobile apps.

Taxpayers who file Form 1040 only are most likely to qualify for free tax filing. But if you have more complex tax returns, you'll be better off using paid tax prep software to walk you through ...

In a sharply-worded letter to Prime Minister Narendra Modi, the Indian Revenue Service (IRS) Association said that officers in ... Ten years into the Modi government, non-IAS officers form the clear ...

By using this form to report TCS collections and TDS deductions, employees can reduce their tax deductions at the source, thereby easing cash flow issues and potentially increasing their ...

Kim Porter began her career as a writer and an editor focusing on personal finance in 2010. Since then, her work has been published everywhere from Forbes Advisor to U.S. News & World Report ...