Halfpricesoft.com, a leading developer for affordable tax preparation software is excited to announce the launch of ezW2 2025, a powerful, easy to navigate W2 and 1099NEC software solution. The ...

While the benefits you receive from Social Security are taxable at the federal level, your overall income will determine ...

The IRS and the Treasury Department issued guidance giving penalty relief to employers and other payors for tax year 2025 on ...

Notice 2025-62 PDF provides penalty relief from the new information reporting requirements for cash tips and qualified ...

Q: I was told that I received an overpayment of Social Security benefits. I repaid that overpayment.How do I deduct that overpayment on my tax return? A: You should be receiving a tax form SSA-1099 in ...

Form 1099-K reporting requirements have created a lot of confusion, and it's understandable why. Many of those sellers haven’t received 1099-Ks before, so understanding the new rules is important for ...

If your business files Form 1098, 1099 or other information returns with the Internal Revenue Service (IRS), a major shift is on the horizon. The ...

“This program could pay out hundreds of millions of dollars over the next few years,” he said in an interview with iPolitics. Wayne Long, Secretary of State (Canada Revenue Agency and Financial ...

WASHINGTON, DC – The Social Security Administration (SSA) announced on Friday (Oct. 24) that Social Security benefits, including Old-Age, Survivors, and Disability Insurance (OASDI), and Supplemental ...

The new “no tax on tips” and “no tax on overtime” deductions require additional reporting by employers and payers. To help, ...

Social Security Administration (SSA) announced Friday, Oct. 24, that Social Security benefits, including Old-Age, Survivors, ...

Portland, OR, USA - Jan 5, 2022: Third-party payment apps now have to report transactions more than USD600 to the IRS.