This tax reporting change will be implemented in phases. It could be delayed again, but freelancers should plan ahead.

An EIN is a nine-digit identification number assigned to businesses by the Internal Revenue Service (IRS). Sometimes called a Federal Employer Identification Number (FEIN) or a Federal Tax ...

Erin Collins is objecting to proposed regs that would enable the IRS to shorten its third-party notice requirements from 45 ...

Freelancers and independent contractors have to fill out Form W-9 for their employers and clients. Here's what to do and how ...

First-time PTIN applicants can also apply for a PTIN online. Click over to the Tax Pros section of the IRS website at IRS.gov/taxpros and select the "Renew or Register" button. Choose "Create an ...

The IRS has announced new federal income tax brackets and standard deductions for 2025. In its announcement on Tuesday, the agency raised the income thresholds for each bracket, which applies to ...

An ITIN (Individual Taxpayer Identification Number) is a tax processing number issued by the IRS to foreign nationals and ...

the IRS announced Tuesday. That marks a bump from the 2024 standard deduction of $29,200 and $14,600, respectively. The 2017 federal tax cuts included higher deductions that will sunset next year ...