The Internal Revenue Service (IRS) requires employers and employees alike to use specific tax forms to accurately record ...

In March 2024, the Internal Revenue Service (“IRS”) released a new revision to Form W-9. Forms W-9 previously provided or collected do not expire nor need to be refreshed due to the publication of the ...

The U.S. Department of the Treasury and Internal Revenue Service announced penalty relief Monday for employers and payors ...

For organizations that operate on a calendar-year basis, this includes the 2019 Form 990 they would have normally filed on May 15. The upcoming July 15 deadline applies to many forms that were ...

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 ...

What Is Form 1099-PATR, Taxable Distributions Received From Cooperatives? Form 1099-PATR, Taxable Distributions Received From Cooperatives is an IRS form sent to taxpayers to allow them to report ...

The Internal Revenue Service issued updated frequently asked questions on Form 1099-K on Oct. 23, 2025, clarifying reporting requirements for third-party payment networks under the One, Big, Beautiful ...

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. Businesses must file payroll forms on time to stay in good ...

Beverly is a writer, editor, and paralegal specializing in personal finance and tax law. She covers personal financial and legal topics, as well as tax breaks, tax preparation software, and tax law ...