Tax season can be scary, but it doesn’t have to be. We can explain all the complicated documents and deductions, starting with the W-2 and 1099 forms for reporting your income. If you have any kind of ...

At tax time, employees will get a form that shows how much they earned the previous year from each company they worked for. But some will get a W-2 form, and some will get a 1099-NEC form. So what’s ...

Working extra hours has always meant paying the same taxes on overtime as on regular wages, but a new law signed in July 2025 under President Donald Trump has changed how some overtime pay is treated ...

Choosing between a 1099 contractor role and a W-2 employee position is no longer just a technical tax decision. For many Americans — from remote professionals and wellness experts to creatives and ...

Artemis 2 will be the first mission to carry humans to the moon's vicinity since 1972. When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works. Breaking ...

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 ...

There is no recent news for this security. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC delivered to your inbox Get this delivered to your ...

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 ...

If your savings account earns interest, you'll owe money to the IRS Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Khadija ...