News

The IRS will have much less of a view into how much income small businesses and independent contractors make because there ...
This update discusses a new and interesting development with respect to how certain non-US and US tax-exempt investors can ...
The massive new tax law brings several tax-law changes for self-employed, freelance and gig workers, including some that ...
What if a Company Refuses to Provide a W9?. If your company pays an individual or business for goods or services, you need to issue a 1099 form to report that payment to the IRS. The 1099 carries ...
The lone bright spot in the horrific gambling tax changes in Pres. Donald Trump's new spending bill is the handpay threshold is now $2,000.
Form 1099-MISC (for payments not covered by other 1099 forms), and Form 1099-NEC (for nonemployee compensation) have been ...
Revenue Ruling 2025‑15 (available here) provides guidance on withholding and reporting obligations when a plan participant or ...
IRS Tax Attorney Steven A. Leahy of the Law Office of Steven A. Leahy, PC with Opem Tax Advocates joins the program to ...
The guidance aims to standardize treatment and improve compliance regarding retirement distributions that are not immediately cashed by recipients.
Clear Start Tax breaks down how income from platforms like TikTok, YouTube, and Instagram can trigger audits if not reported ...
If you haven't filed your 2024 tax return yet, don't panic. Although the deadline for extended returns is October 15th, you can download all your W-2s, 1099s and other tax document information on a ...
The IRS deadline to file Form 2290 for the 2025–2026 tax year is September 2, 2025. Failure to file on or before the deadline may result in significant penalties, interest charges, and potential ...