Tax1099 encourages filers to begin preparing now to reduce rejections and risk of penalties that can occur due to last-minute filings. Filing early gives businesses time to catch and fix errors, ...

What are the IRS reporting requirements for rental income? If you’re a new real estate investor, you might ask yourself, “Will the IRS know about my rental income?” The answer is simple: Yes, ...

Tax officials predict federal revenue could fall by 10% this season compared to a year ago amid big staffing cuts and changing behavior among tax payers, sources told The Washington Post. The ...

A recent watchdog report warns IRS staffing cuts will make it more difficult for the agency to detect fraud, process tax returns and provide help to taxpayers.