Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Incorrect IRS Forms 1099 are a worry, since Forms 1099 generally ...
Form 1099-C reports canceled debt to the IRS when a creditor has forgiven or erased a balance owed so a taxpayer no longer has to pay it. What Is Form 1099-C: Cancellation of Debt? Lenders must submit ...
Reporting cryptocurrency on your taxes is changing for the 2026 tax season. This year, the IRS is introducing a new dedicated crypto tax form called 1099-DA for all "digital asset proceeds from broker ...
Your recent article about more pensioners being pulled into income tax talks about the simple tax calculation many people receive in the post after the end of each tax year. Many people fill in a self ...
What Is a Simple Loan? Most people borrow money at some point in their life. One of the easiest forms of borrowing to understand is a simple loan. You borrow a sum of money from the lender and, in ...
Warning: This graphic requires JavaScript. Please enable JavaScript for the best experience. Updated March 11 at 2:18 p.m. A third round of stimulus checks, part of ...
Estimate your 2026 tax refund or bill using our free income tax calculator. Enter your income, age and filing status to get started. Annual gross income Think of this as your salary, or the sum of ...
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For Army veteran Aaron Cornelius, everything changed after the blast. Suddenly, the world went dark. In April 2008, serving his third tour of duty in Iraq, Cornelius lost his ability to see when an ...
SIMPLE IRAs let self-employed and small business employees save for retirement tax-efficiently. In 2025, you can contribute up to $16,500; those 50+ can add up to $3,500 more. Explore other plans like ...
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