The Internal Revenue Service has released new guidance, Rev. Rul. 2025-3, clarifying the application of Section 530 of the Revenue Act of ...

Every year the IRS National Taxpayer Advocate Service (TAS) issues its Annual Report to Congress that discusses the ten most serious issues ...

All suppliers new to UB are required to submit a completed tax ID form to Procurement Services as confirmation of their business identity. This information is used to build supplier profiles in the ...

Employers must send W-2 forms to employees by Jan. 31 ... withholding by filing a Form W-4 by Feb. 18. This would be filed if you anticipate having no tax liability this year and had none ...

Where possible, you should file returns electronically to avoid the delays that may occur in processing paper returns. To file your information returns electronically, you can access the Web Forms or ...

not later than 31st January of every year in respect of all employees in their employment in the preceding year. The returns are to be filed using the prescribed forms provided by the FCT-IRS,” ...

Understanding how fringe benefits are taxed can help employees maximize their benefits and avoid unexpected tax liabilities ... benefits on an employee’s W-2 form. Fringe benefits are generally ...

Investment Zen/Flickr.com (CC by 2.0) Form 2106: Employee ... as a tax deduction: an above-the-line deduction or an itemized deduction for unreimbursed job expenses for W-2 income.

Collins is recommending the IRS prioritize identity theft case resolution by keeping employees who address ... And taxpayers now can submit more than 30 forms to the IRS directly from their ...

Bear in mind that we are filing taxes for income earned in 2024, even though we file those forms in 2025. To keep confusion to a minimum, tax experts refer to 2024 as the tax year and 2025 as the ...

If you're a freelancer, an independent contractor, or earn income from sources outside of a traditional job, you should receive a 1099 tax form by Feb. 15. Employers are generally required to ...

You can get an automatic six-month extension of your tax filing due date by submitting IRS Form 4868. Are there penalties to filing your taxes late? What are they? Yes, there are penalties to ...