A W-2 is the form your employer is required to send to you by the end of January documenting how much money you earned ...

Section 224 was pitched as relief for tipped workers. But evolving IRS guidance and technical limitations have made the deduction far more complicated for the self-employed. The One Big Beautiful Bill ...

Getting an Underreporting Notice from the IRS is not a very big deal, but you will need to address it before it becomes one.

From new limits for Forms 1099 to new deductions for tips and overtime, here’s what gig workers need to know about taxes this ...

Americans are probably happy to put memories of the COVID-19 pandemic behind them, but it may be worthwhile to stir up the past to see if they may qualify for an IRS refund, tax attorneys said. Once a ...

The IRS may be on the hook for refunds of penalties taxpayers incurred during the pandemic years and, in some cases, interest owed to taxpayers for late refund payments Taxpayers may be eligible for ...

Tens of millions of taxpayers found themselves filing a brand new form called Schedule 1-A so far this tax season to claim some generous new tax breaks on their 2025 federal income tax returns. If you ...

Whether you file your return for the 2026 tax season using online software or consult a tax professional, you need to get the right forms and information before you start. The IRS forms and income ...

You must begin taking RMDs once you turn 73 years old. You can delay your first RMD until April 1 of the following year. You must take an RMD from each of your 401(k) accounts. Required minimum ...

Required minimum distributions (RMDs), mandatory withdrawals from tax-deferred accounts, are a way for Uncle Sam to recoup some tax money after giving you an upfront tax break in the form of tax ...

With close to a decade of writing and editing experience, Maisha specializes in service journalism and has produced work in the lifestyle, financial services, real estate, and culture spaces. She uses ...