The IRS requires Purdue, as an employer, to report whether an employee and dependents (if applicable) had coverage in 2022. Therefore, employees receive Form 1095-C, which details whether they were ...
Tax season has officially begun. But it also feels like, "oh no, tax season has officially begun." We know the feeling, which is why USA Today's putting together a series of stories to make the season ...
The IRS will start accepting 2022 federal tax returns on January 23, 2023. Live in Tennessee? Good news: There's no state tax returns. Tax season is upon us — whether we want it to be or not. The ...
The Internal Revenue Service unveiled a long-awaited online portal Wednesday where businesses will be able to file their 1099 information returns for free. The Information Returns Intake System portal ...
Christmas came early (again) this year for many taxpayers and tax professionals. The IRS has announced that it would (again) delay the new $600 Form 1099-K reporting threshold for third-party ...
2023 was going to be the first year in which people who earned at least $600 from online platforms like eBay, Etsy, Venmo and CashApp were going to receive 1099-K income tax forms. But right before ...
Even before the demise of the FTX and other cryptocurrency exchanges that have since declared bankruptcy, crypto was stressed. For many investors, the FTX scandal capped a disastrous 2022 that ...
The IRS has announced that businesses can now file Forms 1099 using a new online portal called the Information Returns Intake System, or IRIS. And it's just in time since most Forms 1099 are due to ...
The IRS collected a single-year record of $4.9 trillion of total tax revenue from return filings in fiscal year 2022, the Treasury Inspector General for Tax Administration (TIGTA) said in a report on ...