The IRS’s increased documentation requirements for Sec. 41 claims require taxpayers to specifically identify applicable business components and their costs and why their development is qualified ...

Form 1099-K reporting requirements have created a lot of confusion, and it's understandable why. Many of those sellers haven’t received 1099-Ks before, so understanding the new rules is important for ...

Here’s how an IRS offer in compromise works, what it takes to qualify and what to know about the program. Many, or all, of the products featured on this page are from our advertising partners who ...

Incorporating a business is not as complicated as it might seem. But you can expect some investment of time and resources. Many, or all, of the products featured on this page are from our advertising ...

A 1098-T Tuition Statement reports qualified tuition payments and financial aid awarded to students enrolled in courses during the calendar year for which they receive academic credit. UB will report ...

Taylor Tepper covered banking, investing and pretty much everything else in personal finance for more than a decade, with his work appearing in the New York Times, Fortune and MONEY magazine, as well ...

Gambling taxes are common because the United States gaming industry is booming. From new casinos to lotteries and online sports betting, there are plenty of opportunities if you enjoy gambling. And ...

Your home, car, insurance, retirement savings and even your education bills could get you a tax break. Many, or all, of the products featured on this page are from our advertising partners who ...

Natalie Campisi is a senior journalist who covers personal finance, balancing timely news with in-depth enterprise reporting. Her mission is to make complex financial issues clear and accessible for ...

Rajeev Dhir is a writer with 10+ years of experience as a journalist with a background in broadcast, print, and digital newsrooms. Vikki Velasquez is a researcher and writer who has managed, ...