The main difference between a W-9 and a 1099 is that you fill out a W-9, while the business or entity that is paying you ...

Learn how to deduct casualty and theft losses on your taxes effectively. Understand eligibility, criteria, and the filing ...

Energy upgrades are supposed to cut your utility bills, not trigger a paperwork headache when you file your 2025 taxes. Yet a quiet change in the rules means one missing line on your contractor’s ...

President Donald Trump's signature tax bill could result in "gigantic" refunds for Americans in the first quarter of 2026, according to Treasury Secretary Scott Bessent. During an appearance on the ...

IRS criminal investigators played a pivotal role in tracking down the Brown University shooter, ultimately leading the FBI and other law enforcement agencies right to him, sources told The Post. After ...

The Internal Revenue Service (IRS) has announced that it will be making it "easier" for whistleblowers to report tax noncompliance to the IRS, through the launch of a new digital form. The American ...

A long-awaited update to slot jackpot tax reporting included in the One Big Beautiful Bill Act will take effect in 2026, the IRS confirmed this week. The updated minimum threshold of $2,000 for slot ...

The Treasury Department has released new details on the Trump Accounts program, a tax-deferred investment option that provides a $1,000 government contribution for eligible children. Treasury ...

New support expands TaxBandits’ platform to include IRS Form 1099-DA digital asset reporting. ROCK HILL, SC / ACCESS Newswire / December 16, 2025 / TaxBandits, an IRS-authorized e-file provider, now ...

Parents cannot depend on an automatic enrollment system to create a new Trump Account for their children. To qualify for the $1,000 pilot program contribution for a Trump Account, a child must be a ...

The One Big Beautiful Bill Act, enacted on July 4, 2025, created “Trump accounts” via a new Internal Revenue Code Section 530A. These new tax-advantaged savings accounts are broadly modeled after ...

The program, created under the One Big Beautiful Bill Act (OBBBA), aims to encourage private contributions to Scholarship Granting Organizations (SGOs) serving low- and middle-income K-12 students.