Key Takeaways - If You Deposit a Lot of Cash, Does Your Bank Report It to the Government? Depositing $10,000 or more in cash means your bank or credit union will report it to the federal government.

With the Republican party taking control of not just the White House but both chambers of Congress, the Tax Cuts and Jobs Act ...

Did you just receive a form called a 1099-K, a form that you never, ever saw in your lifetime? Well, do not ignore any 1099-K ...

Filing an extension is free, and there are a few ways to do it, according to the IRS: Pay online and check the box: Pay what ...

Federal income tax returns are due on April 15, but there are several other important dates to remember throughout the year.

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 ...

This page contains information about the Internal Revenue Service Direct File Program. This information was last updated January 24, 2025. For the most up-to-date information, to learn more about ...

Businesses or trades who got paid $10,000 or more in cash for transactions will have to file an 8300 form for each one. “We, as business owners, now we need to report to the IRS the identity of ...

If a U.S. citizen or resident received a gift or bequest from a foreign person after June 17, 2008, they may be required to file Form 708 and pay the Section 2801 transfer tax to the IRS.

The 2025 tax filing season will begin Monday, Jan. 27, the Internal Revenue Service announced earlier this month. The agency said in a statement it expects more than 140 million individual tax ...

BANGKOK, Jan 21 (Reuters) - Thailand's cabinet on Tuesday agreed to levy a carbon tax of 200 baht ($5.88) per ton of carbon emissions, a deputy finance minister said, as part of the country's ...

WASHINGTON—IRS Commissioner Danny Werfel said he would resign with nearly three years left in his term, leaving the government Monday rather than waiting for President-elect Donald Trump to ...