News

"Whether or not you receive a Form 1099-K," the IRS states online, "you must still report any income on your tax return. This includes payments for any goods you sell (including personal items such as ...
Contributing to a 401(k) is one of the most effective ways to save for retirement. However, it's possible to have too much of ...
A business owner’s ultimate guide to IRS Form 1096 — including who needs to file and step-by-step instructions. Many, or all, of the products featured on this page are from our advertising partners ...
Starting this year, IRA owners who donate via QCDs could reap greater benefits from megabill provisions such as expanded ...
I'm 73, married and file my taxes jointly with my spouse. My IRA is in Vanguard mutual funds. We make about $8,000 annually in contributions to charities. I understand that direct contributions from ...
The 2024 tax season may be coming to an end, but smart giving never goes out of style. If you’re wondering how to trim your 2025 tax bill while supporting the causes you care about, now’s the time to ...
The 'One Big Beautiful Bill' signed on July 4, 2025, marks a pivotal shift in U.S. tax policy, making permanent many ...
GOBankingRates on MSN

Are Annuities Taxable?

Annuities are contracts with insurance companies that can minimize risk, provide steady retirement income and reduce taxes — ...
The Internal Revenue Service has posted a draft version of Schedule 1-A that will be used next tax season when claiming new ...
The IRS on Friday released a draft of Schedule 1-A (Form 1040), a single form that consolidates the calculations of the four ...
The rules for when you'll be issued a 1099-K for online ticket sales and other transactions changed again, thanks to the 'One ...
Quarterly estimated tax payments apply to individuals and businesses whose income is not fully covered by withholding.