Don't let tax season catch you off guard. We break down the key differences on a W-2 and 1099 forms that directly impact your tax refund.

The right tax tools can help freelancers and gig workers organize their income and uncover real savings opportunities.

A new tax deduction for tip income is available for 2025 federal income tax returns. Learn the new form to file, who ...

To claim the new tax break, you will need to fill out a new tax form called Schedule 1-A. Schedule 1-A is an IRS form used to ...

Mutual aid isn’t gig work, so the tax code shouldn’t treat them the same. Getting multiple $50 gifts through a GoFundMe campaign to help you contend with a crisis brought on by your husband’s stroke ...

Many Americans will see bigger refunds and new deductions, while others may be revisiting the dreaded alternative minimum tax ...

Tax season is underway and you have until April 15 to file your return with the IRS. If you want to avoid the stress of the looming deadline, start getting organized as soon as possible. “Don’t wait ...

The SALT cap increases to $40,000 for 2025 — up from $10,000 in 2024. The maximum deduction phases down at higher income levels starting at $500,000 in adjusted gross income for 2025 and the benefit ...

Retirement should be a time to relax and enjoy the fruits of your labor, yet many retirees unknowingly engage in habits that could land them in legal trouble. While most people understand the basics ...

A new tax deduction for tip income is available for 2025 federal income tax returns. Learn the new form to file, who qualifies, and income limits.

You can approach the issuer and ask the issuer to reissue it correctly. If the issuer of the Form 1099 has already sent it to the IRS, ask for a “corrected” Form 1099.