Over the phone, you’ll want to have your 1040 form handy, a prior tax return, and other tax information to help the IRS confirm your identity. You can also resolve a 5071C letter online through ...

A letter sent to Internal Revenue Service (IRS) employees said those involved in the 2025 tax season won’t be able to accept ...

The letter falsely informs recipients of an overdue tax bill, instructing them to immediately call the provided number. It ...

The average American who hires a tax preparer to file even a simple return will spend upwards of $200, according to industry estimates. This year, however, taxpayers have more options than ...

Dealing with delinquent tax debt may be one of the most stressful financial challenges a person can encounter. After all, between the mounting penalties, the Internal Revenue Service (IRS ...

Zooey Liao/CNET; Mykola Sosiukin/EyeEm via Getty It's tax season, and if you've received an unfamiliar income form this year, it might be a 1099 tax form. A 1099 form is used to document income ...

As tax season unfolds in the United States, many taxpayers eagerly await their refunds. However, a specific IRS notification ...

A copy of this form will be sent to the IRS, as well. The IRS said that while it is taking a phased in approach to implementation of the Form 1099-K reporting threshold, there have been no changes ...

Here's why you need that form for the 2025 tax season and what to do if you haven ... each designated by a single or double-letter code. For example, "D" is referring to 401(k) contributions.

As some Republicans urge President-elect Donald Trump to kill the IRS's free direct-tax-filing tool, Democrats are attempting to preserve it. In a letter to the Treasury secretary nominee, Scott ...

You will then need to submit the required forms and disclosures to the IRS. This typically includes filling out Form 14457, which serves as the official Voluntary Disclosure form. Your tax ...

Investopedia / NoNo Flores Form 1099-NEC is the Internal Revenue Service (IRS) form used by businesses to report payments made to independent contractors, freelancers, sole proprietors ...