The “One Big Beautiful Bill Act” signed into law on July 4, 2025, makes two important changes to tax reporting requirements that should be of interest ...

It might be tempting to underreport your income or tilt the value of tax deductions in your favor. But the IRS has its ...

Great news for brands operating consumer promotions, sweepstakes, and contests! Effective for the 2026 tax year, the One Big Beautiful Bill Act ...

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 IRS will have much less of a view into how much income small businesses and independent contractors make because there will be much less third-party reporting required under Trump’s new law.

If you deliver for DoorDash or run your own freelance business, your taxes may look different under the massive new tax law that President Donald Trump signed into law on July 4.Freelance, ...

The university will file IRS form 1099-MISC to report the gifts, prizes, and awards when the value of cash and the fair market value of noncash awards to an individual total $600 or more in a calendar ...

1. NO PURCHASE NECESSARY TO ENTER OR TO WIN. A PURCHASE WILL NOT INCREASE YOUR ODDS OF WINNING. SUBJECT TO APPLICABLE FEDERAL, STATE, LOCAL AND MUNICIPAL LAWS AND REGULATIONS. VOID WHERE PROHIBITED.

Promotional terms and conditions are subject to change or removal without notice. Incentive may be taxable and reported on IRS Form 1099-MISC. Consult your tax advisor.

With IRS enforcement on the rise, self-employed truck drivers face growing financial and legal risks from unfiled returns and ...

In Mennemeyer v. Commissioner,1 the United States Tax Court reminds us that a settlement agreement that is not carefully drafted can have ...

Clear Start Tax Alerts Landlords to Increased IRS Scrutiny of Rental Income, Short-Term Rentals, and 1099 Reporting Requirements ...