Learn about the IRS’s new Code Y for reporting Qualified Charitable Distributions (QCDs) from IRAs, effective in 2025.

Get ready for the upcoming tax season with the new efile direct add-on feature now available with ez1099 software from Halfpricesoft.com. This powerful new tool is set to be available well in advance ...

The Internal Revenue Service (IRS) requires employers and employees alike to use specific tax forms to accurately record ...

If you are a business owner, you have likely heard of Form 1099. It is a crucial part of tax compliance and should not be ...

Halfpricesoft.com is pleased to announce the release of the 2025 edition of ez1099 tax form processing software , now ...

If your business files Form 1098, 1099 or other information returns with the Internal Revenue Service (IRS), a major shift is on the horizon. The ...

Many may not realize, but you get paid for plasma donations. If you "earn" more than a certain amount, you'll need to make ...

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 ...

Since the enactment of H.R. 1, the One Big Beautiful Bill Act, the Internal Revenue Service has announced that it will not be updating 2025 tax forms such as the W-2 and 1099s to reflect OBBBA changes ...

The “One Big Beautiful Bill Act” signed into law on July 4, 2025, makes two important changes to tax reporting requirements that should be of interest to employers. Payments to non-employees for ...

Tax season brings a flurry of important documents, but none may be more consequential than your Form 1099. While most taxpayers focus on the headline numbers, a single overlooked line can trigger ...

The Tax Court held that amounts a taxpayer received for wages and rent were included in gross income and imposed the maximum $25,000 frivolous-position penalty under Sec. 6673(a)(1)(B). In January ...