You could receive Form 1099-K for business payments from Venmo or PayPal this season. Here’s what taxpayers need to know.

As the 2025 tax season unfolds, the IRS has introduced several updates to the Form 1040, the cornerstone of tax filing for most Americans.

tax form used to report interest income. Form 1099-INT is issued by all entities that pay interest income to investors during the tax year. The form breaks down all types of interest income and ...

Clint and Lebra Johnson were stunned when they received a 1099-K tax form in the mail that showed Clint collected $9,306.57 through 427 transactions, all in November. The ...

"For tax-exempt interest income, enter any interest you earned on which you paid no taxes." If you received tax-exempt interest, you should get a Form 1099-INT or a Form 1099-OID. You can find ...

The Tax Cuts and Jobs Act currently requires some private nonprofit colleges and universities to pay a 1.4% tax on income from their endowments, which raised about $244 million from 58 institutions in ...

A frustrating thing about working hard to earn money is knowing the IRS will tax a portion of your earnings. Federal taxable income generally includes wages, tips, royalties, commissions ...

Sources of retirement income include Social Security ... These can substantially increase a retiree’s tax bill. Converting money from traditional to Roth accounts before retirement is one ...

Tax software can help you file your return more quickly. Here's how to pick the best option for you. Danni Santana has spent seven years as an editor and business journalist covering industries ...

Sensient Technologies Corporation (NYSE: SXT), a leading provider of flavors and colors for the food, pharmaceutical, and personal care markets, today ...

Story continues below this ad Tax experts said the simplified language and the concise form will help taxpayers to understand the income-tax provisions. “In the earlier law, there were multiple cross ...

The federal poverty level (FPL) affects everything from health insurance programs and expanded Medicaid to eligibility for premium tax credits ... the median household income in 2025 is $75,580 ...