Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Incorrect IRS Forms 1099 are a worry, since Forms 1099 generally ...

Inherited IRA tax rules: Recent IRS changes mandate beneficiaries to empty inherited IRAs within 10 years, with exceptions for certain individuals. Failing to take Required Minimum Distributions (RMDs ...

Form 4547, which allows taxpayers to elect the new Trump accounts, was clearly numbered with purpose. But when it comes to 1040s, W-2s, 1099s, and other familiar forms, the explanation is far less ...

Working extra hours has always meant paying the same taxes on overtime as on regular wages, but a new law signed in July 2025 under President Donald Trump has changed how some overtime pay is treated ...

A new tax form, Schedule 1-A, introduces four new deductions for the 2025 tax year. All four write-offs are "below-the-line" deductions, which reduce taxable income but not adjusted gross income. Each ...

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As the 2026 tax season begins, the Internal Revenue Service has outlined key deadlines for taxpayers filing returns and making payments for 2025 income taxes. Here’s a breakdown of the most important ...

GREENSBORO, N.C. — $1,000 deposited into a bank account, and all you have to do is fill out a tax form? It's true. “We are finding it from the government for children that are born in 2025,” said ...

The enhanced deduction for seniors applies on 2025 tax returns to adults born before Jan. 2, 1961. If you're 65 or older now, you can claim an additional deduction of up to $6,000 or $125,000 for ...

View post: After 20 Years of Begging, Ardbeg Just Dropped A Cask-Strength Version of Its Iconic 10-Year-Old Scotch Workers misunderstanding the IRS ‘no tax on overtime’ rule could face costly ...

Tax Relief Negotiators outlines who qualifies for IRS hardship relief and how taxpayers can stop garnishments and levies in 2026. IRS collections are moving faster in 2026, but hardship relief is ...

If you can’t pay your taxes in full, don’t ignore the bill — contact the IRS early to avoid increased penalties and enforcement. The IRS offers payment plans, settlements and hardship status, ...