Schedule K-1 tax forms are issued by MLPs, enabling investors to report their share of income and losses. Late issuance of Schedule K-1 can delay tax filings, sometimes requiring extensions. These ...

The IRS requires that all taxpayers make periodic payments of income tax during each tax year (the tax year is the same as the calendar year for most taxpayers). These payments are formally known as ...

Tax Day is April 15, and it’s still not too late to gather the documents you need to file your taxes. This includes Form 1040 from the IRS. Read on to learn more about this form and why it’s important ...

If you’re preparing your taxes, you'll file federal income tax Form 1040. Because tax laws change often, Form 1040 might have subtle differences from year to year. Form 1040 is the main form that ...

Many small businesses accept credit cards, debit cards, and money transfer app payments as payment options when customers purchase goods and services. If you're among them, you will likely receive ...

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.

For example, Form 1099-NEC, used to report payments to independent contractors, must be furnished by February 2, 2026. As ...

Anyone who runs a business and hires employees takes on new responsibilities for managing their staff. For example, they must run payroll, file payroll taxes and submit several payroll forms, ...

A classically trained French hornist by education, Nick Wolny is a managing editor at CNET Group, where he oversees the Perspectives franchise and written branded content across CNET Group's ...

Once you’ve clicked “file” or dropped your tax return in the mail, use this form to provide the IRS with updated information Written By Written by Contributor, Buy Side E. Napoletano is a contributor ...

A form W-2 is issued by an employer to an employee. An employer has certain reporting, withholding and insurance requirements for employees that are a bit different from those owed to an independent ...

If you have children and a low tax bill, you may need IRS Form 8812 to claim all of your Child Tax Credit. Did you know that you may be able to use Form 8812 to receive the Child Tax Credit and the ...