The ruling hinges on the corporation and trust being treated as a single entity and meeting other requirements under Regs.

Tax-related identity theft remains widespread and a potentially serious problem for victims, for whom authorized representatives can provide vital help.

Don't let tax season catch you off guard. We break down the key differences on a W-2 and 1099 forms that directly impact your tax refund.

Selling items on Facebook Marketplace, eBay or Etsy could trigger tax reporting requirements. H&R Block helps you report ...

The North American Industry Classification System, already in use for other tax purposes, replaces a specified manual that ...

Payments including for electricity from electric vehicle stations applied toward the real estate investment trust’s ...

Forget the hacks and social media shortcuts. A former IRS insider explains the real traps that could trip up taxpayers this filing season—and how to avoid them.

Form 1099-C reports canceled debt to the IRS when a creditor has forgiven or erased a balance owed so a taxpayer no longer has to pay it. What Is Form 1099-C: Cancellation of Debt? Lenders must submit ...

Learn how to deposit withheld payroll taxes correctly with IRS Notice 931. Follow required schedules and understand penalties ...

Knowing the difference between 1099 vs. W-2 employees is key for filing your taxes. Learn the key points about tax ...

Read about IRS Publication 334, a vital tax guide for sole proprietors and statutory employees, offering essential tips on deductions, credits, and filing Schedule C.