Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary public, certified VITA tax preparer, IRS annual filing season ... receive IRS Form 1099-INT (or Form 1099 ...

A business’ tax and benefit obligations are limited when a worker is a contractor. But misclassification can be costly.

Following promises from both parties during the last presidential election, the "no tax on tips" policy is now one step closer to becoming a reality after passing both the House and Senate. Should the ...

The IRS said taxpayers who owe taxes, interest, or penalties should file and pay promptly to limit additional financial consequences, according to official guidance issued on June 9, 2025. As interest ...

As a U.S. territory, Guam uniquely benefits from exemptions under federal tariff regulations as noted in Headnote 3(a) of the U.S. Harmonized Tariff Schedule, allowing raw materials and parts to ...

One tax expert says a proposed $4,000 bonus deduction is a 'far cry from the savings' that many would see with no taxes on ...

She applied for and was granted the exemption — and three years later got a bill from Fairfax County for the real estate taxes she thought she didn’t have to pay. Paul Voelke died in an accident.

An ambitious tax reform aims to eliminate income tax for most U.S. households, but it still faces major legislative hurdles.

The US and China will continue trade talks on Tuesday after six hours of discussions between top officials kicked off in London on Monday. Tuesday's talks are expected to continue to focus on ...

You won’t file the employee’s Form W-4 with the IRS, but you do need to hold onto it for your own records. During each pay cycle, you will collect payroll taxes and deposit them with the IRS ...