Now weeks behind schedule, some federal retirees are still waiting on key tax forms to arrive by mail. Others are struggling to contact OPM for assistance.
Make sense of the new rules for digital asset reporting, including transition relief for 2025 and safe harbors going forward.
When it comes to managing your taxes, understanding the forms you receive is half the battle. Among these, Form 1099-INT stands out if you’ve had any dealings with interest income over the past year.
Nine House members inquired about reports that constituents have not received physical copies of their 1099-R forms and have had difficulty contacting the federal HR agency to request them.
Form 1099-K is used to report payments received for goods or services processed through payment apps, online marketplaces, and credit cards. The IRS has issued FAQs to explain when you might get one.
Most defendants issue IRS Forms 1099 for legal settlements. The form may be issued to the lawyer, the client, or both. Frequently, both the client and the lawyer receive a Form 1099 for 100%, making ...
Tax season is well underway, and that means you should have received one or more income statements from employers or any other entities that paid you income in 2024. IRS rules state that all tax ...
You’ve probably been seeing a steady flow of items marked with that label pop up in your mailbox, and most likely your email inbox, too. They’re a harbinger of the tax season to come, and they’re ...