For example ... file taxes using simpler forms, such as Schedule C for sole proprietorships or Form 1120-S for S-corporations. They often make quarterly estimated tax payments to avoid penalties.
As the 2025 tax season unfolds, the IRS has introduced several updates to the Form 1040, the cornerstone of tax filing for ...
but you are still required to report the income on your tax return. The amount from Form 1099-MISC should be entered on Schedule 1, Line Z of your tax return. This form lists your crypto trades ...
IRS software compares these tax forms to your return, and it can be "flagged for audit" when there's a mismatch, explained Elizabeth Young, director of tax practice and ethics for the American ...
The IRS provides straightforward instructions with the form to help you get it right but always check with a tax professional if your tax situation is a little complicated and you're unsure. Article ...
Zooey Liao/CNET; Mykola Sosiukin/EyeEm via Getty It's tax season ... it's forgiven. Examples of canceled debt include property foreclosure or a charge-off on a credit card. Form 1099-C does ...
If phantom income is not properly analyzed by counsel and the court in a matrimonial case, the result perforce may be ...
Tax season is officially underway. The IRS expects over 140 million people to file tax returns before the April 15 deadline.
W-2 forms should have arrived in mailboxes and inboxes by Jan. 31. Here's why you need that form for the 2025 tax season and what to do if you haven't gotten yours yet. Macy Meyer is a North ...
However, taxpayers claiming the Earned Income Tax Credit (EITC) or Additional Child Tax Credit (ACTC) should expect a delay, with most refunds for these credits available by March 3. Here's a ...
BATON ROUGE – The LSU Soccer program has officially unveiled its 2025 spring schedule, which features five matches, including one inside the LSU Soccer Stadium, as the Tigers prepare for the ...
There’s no real schedule, no one is allowed to make any ... all of which appeared to be aimed at building public support for changes to tax, spending and most importantly, productivity, were ...