Those expecting to see Lester Holt when tuning in to NBC Nightly News on February 3, 2025, got a major shock. The anchor was ...

For most people, getting out of self-employment taxes will save a lot of money. LLCs do not allow that on their own. However, ...

Pay attention to your tax bracket: Having multiple jobs could push you into a different tax bracket. But remember: When your income jumps to a higher tax bracket, you don’t pay the higher rate on your ...

India’s job market has bounced back strongly after the pandemic with lower unemployment, more people joining the workforce ...

April 15 is the filing deadline for 2024 federal income tax returns for most people. Others in states hit by disasters have until May 1 or Oct. 15. Already filed your taxes? Here’s how much you can ...

The Form 1099-K is meant to report income from payment apps (like Venmo or Paypal), as well as from online marketplaces or ...

If phantom income is not properly analyzed by counsel and the court in a matrimonial case, the result perforce may be ...

If you are selling items online as a small business owner, you may end up having to pay taxes on the amount you earn. But ...

The IRS expects more than 140 million returns for Tax Year 2024, with changes for third-party payment platforms and important ...

The IRS has reintroduced Form 1099-NEC as the new way to ... [+] report self-employment income instead of Form 1099-MISC as traditionally had been used. IRS Forms 1099 are critical to the agency ...

Errors can lead to delays in tax refunds. Certain mistakes can even turn a refund into an unexpected tax bill.

If the income reported on Form 1099-NEC is not self-employment income, but instead from a sporadic activity or hobby, report it on line 8, “Other Income,” on Schedule 1 (1040). What Is a 1099 ...