The IRS issued revenue procedure establishing specifications for creating substitute versions of Form 941 (Employer’s Quarterly Federal Tax Return), Schedule B, Schedule D, Schedule R, and Form 8974.

W-2 vs. W-4 vs. W-9: Decoding the tax forms that control your money ...

Four Government Accountability Office reports on the Internal Revenue Service released since September 2024 found shortcomings in filing season staffing, information return filing changes, and ...

Being your own boss can be rewarding, but one of the drawbacks is that you have to pay self-employment taxes. The self-employment tax is a 15.3% tax you’ll pay for Social Security and Medicare taxes ...

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 ...

The Internal Revenue Service has added three new forms for correcting errors on employment tax returns. Starting in 2009, the IRS introduced a new process for correcting errors on employment tax ...