The Internal Revenue Service (IRS) requires employers and employees alike to use specific tax forms to accurately record wages, benefits paid, taxes withheld, and other essential financial information ...

If you don't know the difference between a W-2 and a W-4 or a 1040 and a 1099, you're not alone. Everyone needs to understand how every IRS tax form is used and when to use them. There are many forms ...

Forbes contributors publish independent expert analyses and insights. Matthew F. Erskine is a trusts and estates attorney. In March 2024, the Internal Revenue Service (IRS) unveiled a revised version ...

The AICPA recommended in a letter that the IRS improve several tax forms used by estates and trusts, in keeping with an executive order mandating that federal tax payments and refunds be processed ...

In the United States, paying your taxes is one of the most important tasks a citizen must stay on top of in order to avoid financial ruin. National Tax Day falls on April 15, the deadline for all ...