The Form 1099-K threshold increased from $600 back to $20,000.

Taxpayers can prepare for the April deadline now by reviewing these five tasks.

Senate Passes Inflation Reduction Act. The U.S. House of Representatives is expected to vote on the legislation today, August 12, 2022.

Tax Day is Almost Here! Five Answers to Your Most Common Questions.

Backup withholding is a federal tax on income that otherwise does not require tax withholding, such as 1099 and W2-G income. Taxpayers...