When you take money from your 401(k) through a withdrawal, rollover or loan default, the IRS requires specific reporting on ...

To find a more detailed document list, visit the IRS website. Tax professionals recommend gathering all your documents in one place before you start your tax return — as well as ...

High-income individuals who earn more than $1 million a year are the most likely to get audited by the IRS. The IRS also pays ...

New York Post may receive revenue from affiliate and advertising partnerships for sharing this content and/or when you make a purchase. Nobody really budgets for a financial car crash in April. But ...

Tax season can get messy when you’re juggling multiple forms like 1099s, HSAs’ 1099-SA and 5498-SA, and other information returns. Knowing what each form reports, how they connect, and when to file ...

The IRS has raised the Form 1099-NEC reporting threshold to $2,000 for 2026, impacting businesses and self-employed individuals who pay or receive nonemployee compensation. Understanding the filing ...

A tax extension gives you up to six additional months to file your tax return. The deadline to file for an extension for a 2025 tax return is April 15, 2026. If approved, you will ...

If you’re riding the caboose when it comes to filing your income taxes, you have one more week to make the April 15 deadline – or at least request an automatic six-month filing extension and pay ...

EDITOR’S NOTE: This story, which originally ran on April 8, has been updated. If you’re pulling up the rear when it comes to filing your income taxes, you now have less than 48 hours to get your ...

Taxing authorities’ use of these new tools and capabilities requires corresponding adoption by tax professionals.

If you got a brokerage 1099 this year, go and check Box 2a yourself. You might be surprised by what you find there.