If you must report distributions from a variety of retirement plans, investments, and accounts, the IRS has provided a head start by issuing the 2026 instructions for Forms 1099-R and 5498.
Welcome to the latest edition of Tax Bytes. Our team of tax lawyers is actively monitoring for federal and international tax developments and ...
The deadline to fill out the 2026 census is Tuesday, and there’s a potential penalty if you don’t file it in time. From coast-to-coast-to-coast, many Canadians would have received an invitation to ...
The deadline for filing your taxes is fast approaching, and if you're doing a mad dash to assemble the necessary forms, all those numbers and letters – W-2, W-9, 1099 – can quickly overwhelm you. Some ...
Dear Liz: I have a savings account and a revocable trust money market account with an online bank. They provide the 1099-INT tax form for the savings account as a downloadable file. However, they do ...
You’ve probably been seeing a steady flow of items marked with that label pop up in your mailbox, and most likely your email inbox, too. They’re a harbinger of the tax season to come, and they’re ...
A new tax form related to digital assets is set to change how millions of crypto investors file their taxes and failing to understand it could mean paying more than necessary. Beginning with crypto ...
Your device does not support the audio. SPRINGFIELD – 1099-G tax forms are now available for claimants who received unemployment insurance (UI) benefits in 2025, the Illinois Department of Employment ...
That’s because the threshold for receiving a 1099-K tax form has returned to $20,000 under the One Big Beautiful Bill Act, scrapping plans for thresholds as low as $600 under previous legislation. But ...
Tax season opens January 26, 2026, which means that tax forms will be arriving in mailboxes and inboxes soon. Here’s when to expect Forms W-2, 1099 and others—and what to do if they don’t show up on ...
As is the case every year, we’re hearing from lots of folks confused about when to send a 1099 form or other “information returns” to someone. It is true that over time, these forms have continued to ...