or 10% on the first $2,000 they contribute to an IRA—worth up to $1,000 off their tax bill—by filing IRS Form 8880 with their tax return. High earners can still take advantage of a Roth IRA ...

Composite data for country groups in the WEO are either sums or weighted averages of data for individual countries. Arithmetically weighted averages are used for all data for the emerging market and ...

Learn about which tools can help you track your federal and state refunds, typical processing times, and common reasons your refund might get delayed. Many, or all, of the products featured on ...

Forbes contributors publish independent expert analyses and insights. Matthew Roberts is a tax attorney who covers tax litigation and fraud.

The lower your modified AGI, the bigger the credit. Erroneous reporting of the PTC on your Form 1040 is an easy red flag for the IRS. Its computers flag filed tax returns showing modified AGIs ...

Companies file IRS Form 1099-MISC to report certain payments, including equipment rental fees, royalties and attorney's fees. Any business that pays at least $600 to an equipment leasing ...

This involves filing IRS Form 709. “Gifts over the $19,000 annual limit don’t automatically trigger tax,” says Laura Cowan, an estate planning attorney and founder of 2-Hour Lifestyle Lawyer.

Gift tax is a federal tax on the transfer of money or property to another person. Because of annual and lifetime limits, few people end up owing it. Many, or all, of the products featured on this ...

In most cases, your tax obligation to the Canada Revenue Agency (CRA) is over and done with once you get the NR4 Form. That's not the case where the IRS is concerned, though. If you reside in the ...

ET Wealth Online tells you when you can expect to get Form 16, what to check in it, and what to do if you do not get it. Is there a last date for employers to issue Form 16 to salaried employees?

It also underlines the fact that country-by-country reporting, as required by IRS Form 8975, will lead to disputes like this, Miller says. "Form 8975, which is only required for multinationals with ...