To set up an installment payment plan for back taxes, apply online through the IRS Online Payment Agreement tool or submit ...

This tax reporting change will be implemented in phases. It could be delayed again, but freelancers should plan ahead.

What is a W-4? A W-4, or Employee's Withholding Certificate, is an IRS form employees in the U.S. fill out to let their employer know how much federal income tax to withhold from an employee's ...

Form 6251: Alternative Minimum Tax-Individuals is an Internal Revenue Service (IRS) tax form used to determine the amount of alternative minimum tax (AMT) that a taxpayer may owe. Some taxpayers ...

IRS Form 2848 allows tax professionals, such as an attorney, CPA, or enrolled agent, to represent you before the IRS as if they were the taxpayer. Signing Form 2848 and authorizing someone to ...

The Internal Revenue Service has decided to stop automatically levying penalties when a taxpayer files a form reporting ...

Here’s some election news that doesn’t involve politics: the IRS is finalizing a long-awaited official form for the Section ...

If you have an IRA, you’ll receive Form 5498 IRS Form 5498: IRA Contribution Information is a tax form to report Individual Retirement Account(IRA) account details to the Internal Revenue ...

All versions of Form W-2G are available on the IRS website. The IRS states: "Gambling winnings are fully taxable and you must report the income on your tax return." That covers lottery winnings ...

Robert W. Wood is a tax lawyer focusing on taxes and litigation. Closeup of Form 1099-K, Payment Card and Third Party Network Transactions, an IRS information return ... [+] used to report certain ...

Form 1040-SR is available on the IRS website. The creation of Form 1040-SR began with the Seniors Tax Simplification Act in 2013, introduced by Senators Marco Rubio (R-FL) and Bill Nelson (D-FL ...

Keep in mind that you’re not the only one who receives these forms – the IRS is getting copies, too. Here’s everything you need to know about 1099s at tax time. A 1099 is a tax document that ...