Beverly is a writer, editor, and paralegal specializing in personal finance and tax law. She covers personal financial and legal topics, as well as tax breaks, tax preparation software, and tax law ...

Every tax form is reported to the IRS, and mismatches can trigger audits or penalties. Key forms include W-2, multiple 1099s, 1099-R, and the new 1099-DA for crypto. One of the best ways to avoid an ...

Every tax form that arrives in your mailbox or brokerage account inbox between January and mid-February tells the IRS a story about your money. Fidelity Investments just published a detailed breakdown ...

If you have taken distributions from any tax-deferred retirement account, you know that the distribution is reported on IRS Form 1099-R. A Form 1099-R is not usually issued for money that is added to ...

With tax season in full swing, House Democrats are pressing the Office of Personnel Management for answers about reports that federal retirees and annuitants aren’t receiving paper copies of tax ...

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 ...

If you're one of the millions of creators who sell items through online marketplaces such as eBay, Etsy and Facebook Marketplace — there are more than 8.1 active sellers on Etsy alone, according to to ...

Tax season can be scary, but it doesn’t have to be. We can explain all the complicated documents and deductions, starting with the W-2 and 1099 forms for reporting your income. This content was made ...

Among the many changes included in the One Big Beautiful Bill Act (OBBBA) is one relevant to brands and agencies running sweepstakes, contests, and other consumer promotions. For prizes (such as cash, ...

Kansas government retirees faced significant delays receiving their 1099-R tax forms last year due to issues at a U.S. Postal Service distribution center. The Kansas Public Employees Retirement System ...

Robert Wood Tax is an attorney at WoodLLP. He is also the author of more than 30 books and numerous articles. IRS Form 1099 is used to report various types of non-employment income, such as interest, ...