News

A Social Security Administration letter advising of a reduction of his self-employment earnings record and an IRS refund were ...
If you receive Social Security benefits, you probably know about the SSA-1099 or SSA-1042S tax form. Each January, the Social ...
you can use the IRS Form 1099-R (Retirement Income). The amount in the NR4 form is in Canadian dollars, so convert it to U.S. dollars before you enter it in your U.S. tax return. Sign into ...
The IRS has issued proposed regulations that clarify and implement catch-up contribution changes introduced by the SECURE 2.0 Act of 2022.
On May 22, 2025, the U.S. House of Representatives approved H.R. 1, also known as the “One Big Beautiful Bill Act” (the House Bill). The House ...
Tax rules for bond investors vary for government, municipal, or corporate bonds. Munies are completely tax free if you live ...
This rule of thumb has some exceptions. The IRS instructs users to submit a Form 1099 only when they've made payments in the course of trade or business. If you're a business entity and the ...
Instructions on the IRS website detail exactly which payments require which kind of 1099 form. The W-2 forms you make out for your employees give information to both your staff and the IRS ...
International Accounting Bulletin on MSN2d
Avalara introduces APIs for 1099 & W-9 automation
These APIs are designed to help companies integrate 1099 and W-9 compliance workflows into their existing business platforms.
New tax proposal passed by House raises reportable income thresholds for contractors and digital platforms, a change that ...