As travelers head to the airport this holiday season, they may notice reminders about a new requirement to fly coming in 2025 ...

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 ...

Freelancers and independent contractors have to fill out Form W-9 for their employers and clients. Here's what to do and how ...

Through TaxBandits, clients can easily prepare and submit various BOI reports, including Initial, Corrected, Updated, and Newly Exempt Entity reports. Additionally, clients who file their BOI reports ...

There are two different copies of Form 1099-NEC: Copy A and Copy B. Copy A is the version you'll submit to the IRS, and Copy B is the form you'll send to your contractor. Both copies must be ...

Protecting yourself from identity theft, VITA program, Form W-9, presidential campaign tax proposals, green card status and ...

To combat late information return filings, the IRS has systemically assessed penalties for certain late-filed international information returns, including IRS Forms 3520, 3520-A, 5471, and 5472.

So, the IRS initially waived penalties for failing to take RMDs for certain IRAs inherited in 2020 and 2021. Later, the agency waived missed RMD penalties for IRAs inherited in 2022. Profit and ...

Collection of the 300-baht travel tax may start with air passengers in the first phase, with the system needing at least six months before starting, according to the Tourism and Sports Ministry ...

The IRS on Tuesday announced its new inflation-adjusted tax brackets for 2025, with the annual income thresholds rising by about 2.8% from 2024 — the smallest jump in several years. The IRS each ...