Do you have a tax question? If so, start with the help link at the top of the IRS.gov web page. There, you'll find lots of useful information, whether you're filing your tax return, checking on your refund, looking for payment options, or if you have other tax questions. You can also try the Interactive Tax [...]
If you get paid electronically for a side hustle, small business, or selling things online, you may need to pay taxes. Payment apps and online marketplaces might issue a Form 1099-K, informing you and the IRS of how much money you got for selling things or providing a service. If you make a profit through these [...]
This article was published by the IRS. The Internal Revenue Service has announced that starting Jan. 1, 2024, businesses are required to electronically file (e-file) Form 8300, Report of Cash Payments Over $10,000, instead of filing a paper return. This new requirement follows final regulations amending e-filing rules for information returns, including Forms 8300. Businesses that [...]
Millions of workers qualify for the Earned Income Tax Credit for the first time due to changes like the birth of a child. Visit IRS.gov/eitc for more details.
There are many reasons to check your tax withholding. This means looking to see how much money your employer is withholding from your paycheck for federal income tax. Remember, you can visit IRS.gov/withholding any time for more info. It's a good idea to check your withholding as it will help you avoid a surprise at tax [...]
