Everyone dreads the idea of a tax audit. And luckily, almost no one gets one. Only 0.2% of taxpayers who made less than $1 ...

The traditional penalty for not filing taxes by the deadline is 5 percent of the tax due for each month the return is late.

IRS Forms 1099 are used so the IRS can match Social Security numbers with tax returns to speed IRS collection efforts. But ...

A payment app or online marketplace is required to send you a Form 1099-K if the payments you received for goods or services total over $5,000.

Learn which payment apps report transactions to the IRS, including Zelle, Venmo, and CashApp. Understand how reporting ...

How all this will affect the processing of tax returns is a matter of speculation, but it seems very unlikely to make the ...

At the same time, the Internal Revenue Service is planning to close over 100 in-person Taxpayer Assistance Centers.

Tax processing by the California Franchise Tax Board has not been affected so far by the federal government hiring freeze or ...

IRS data shows that the average refund check so far is about $2,200, or $1,000 less than a year earlier. Here's what experts ...

If you sell goods or services or rent property, and get paid through Venmo, PayPal, Cash App or another payment app, you may ...

The Internal Revenue Service (IRS) should want to make it as easy as possible to file your income tax return, right? After ...