Tax1099 encourages filers to begin preparing now to reduce rejections and risk of penalties that can occur due to last-minute filings. Filing early gives businesses time to catch and fix errors, manage corrections, and meet recipient delivery requirements without any rush.

Several IRS changes take effect in 2026, including higher retirement contribution limits, tax adjustments, and more. Here's how they may affect retirees.

Can't wait to file for a refund? Qualified taxpayers can start today, says the Internal Revenue Service. Using Free File can help.

Jan. 26 marks the official start date of the 2026 tax filing season, when the IRS will begin accepting and processing 2025 tax returns. April 15 is the filing deadline.

What are the IRS reporting requirements for rental income? If you’re a new real estate investor, you might ask yourself, “Will the IRS know about my rental income?” The answer is simple: Yes, the IRS will know if you have rental income. And if you ...

The Internal Revenue Service (IRS) has unveiled a new initiative that could potentially earn you an extra income if you report individuals engaging in illegal tax activities. This strategic plan is designed to bolster the IRS's collection program by ...

Starting with the 2025 tax year, U.S. taxpayers who buy, sell, or trade digital assets will face new federal reporting rules that could reshape how they track gains and losses. The Internal Revenue Service is moving to standardize reporting for crypto transactions, a shift meant to close tax gaps and reduce errors ahead of the 2026 filing season.

A recent watchdog report warns IRS staffing cuts will make it more difficult for the agency to detect fraud, process tax returns and provide help to taxpayers.