The Internal Revenue Service issued updated frequently asked questions on Form 1099-K on Oct. 23, 2025, clarifying reporting requirements for third-party payment networks under the One, Big, Beautiful ...

Fraudulent schemes exploiting the IRS Fresh Start Program are on the rise, putting vulnerable taxpayers at risk of financial loss. IRVINE, CA / ACCESS Newswire / September 17, 2025 / The Internal ...

ParkMobile has finally wrapped up a class action lawsuit over the platform's 2021 data breach that hit 22 million users. But there's a catch: victims are receiving compensation in the form of a $1 ...

The National Academies of Sciences, Engineering, and Medicine are private, nonprofit institutions that provide expert advice on some of the most pressing challenges facing the nation and world. Our ...

The growth of cryptocurrencies has brought new opportunities for investors and traders, but it has also introduced tax complexities that many struggle to navigate. Unlike traditional assets, crypto ...

According to Forbes, it is important to check all 1099 forms before filing. Most come in late January or early February but some may come throughout the year. If a 1099 is missing or has an error, you ...

The time it takes to receive a federal income tax refund could drag out six weeks and more next year for many people who are bound and determined to receive a paper check in the mail. Beginning next ...

If you earn tips or overtime, the IRS just made your 2025 tax season a little more interesting. A new draft form, Schedule 1-A, lets you claim deductions on those earnings, along with car loan ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation.