What gig workers and employees who get tips need to know about the new no‑tax‑on‑tips tax break

Trump promised a new tax deduction for tips during his 2024 presidential campaign. Former Vice President Kamala Harris, his ...

What's a W-2 and 1099? The forms you need as Tax Day approaches.

A W-2 is the form your employer is required to send to you by the end of January documenting how much money you earned ...

Does your college student have to file taxes this year even with low income?

What matters when it comes to filing taxes isn’t just how much your dependent student earned. It’s the type of income ...
federalnewsnetwork.com

After weeks of delay, OPM mails remaining tax forms to federal retirees

Federal annuitants who have been waiting for weeks on a key tax document from the Office of Personnel Management should keep an eye on their mailboxes in the coming days. In an email sent Wednesday, ...
Morningstar

Roth Employer Contributions Come With a 1099-R Surprise

If you have taken distributions from any tax-deferred retirement account, you know that the distribution is reported on IRS Form 1099-R. A Form 1099-R is not usually issued for money that is added to ...