All wagering and loitering winnings are susceptible to typically the 24% federal tax withholding, as well” “while state and community taxes. Once you’ve reported gambling winnings for federal taxes, ...

As October 15 approaches to file 2024 tax returns, many are reviewing their IRS forms 1099. These forms report income such as interest, dividends, pensions, tax refunds, consulting fees or ...

The Internal Revenue Service (IRS) has unveiled a sweeping update to income and transaction reporting requirements set to take effect in October 2025. The new ...

Once you gather your paperwork and understand the basics, the process of filing your taxes for the first time is less intimidating than it seems.

If you fit into these categories, you’ll also need to show lenders verified employment records or proof of self-employment during the past two years. Lenders are ideally looking for your business to ...

Angelo Delmaro, 48, of Farmington, waived his right to be indicted Wednesday and pleaded guilty to tax evasion in Hartford federal court.

Taxpayers face a learning curve for figuring out how key tax deductions in the mega tax bill will work when they file 2025 tax returns next year.

New rules are yet again in store for 2025 sales of tickets and other goods and services online. Sellers flagged as 'business' or 'professional' sellers on platforms may get 1099-K forms at lower ...

Rising tax debt among commission-only sales reps highlights the risks of mismanaged 1099 income and overlooked self-employment taxes. IRVINE, CA / ACCESS Newswire / August 22, 2025 / Independent sales ...

SACRAMENTO, Calif. — It’s crunch time! Tuesday is Tax Day, the April 15 deadline to file your taxes. Whether you’re scrambling to file last minute, putting your paperwork together for the October 15 ...