The Internal Revenue Service reassured taxpayers and tax professionals Thursday that it's not planning to make any immediate changes to its information returns such as Forms W-2 and 1099 and ...

The enhanced deduction for seniors applies on 2025 tax returns to adults born before Jan. 2, 1961.

The IRS said Thursday it will delay making changes to certain information returns or withholding tables, as part of its phased implementation of H.R. 1, P.L. 119-21, commonly known as the One Big ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Closeup of Form 1099-NEC and 1099-MISC. The IRS has reintroduced ...