Here's what you should know about the form 1099-C, Cancellation of Debt: A form 1099-C, Cancellation of Debt, is issued by a creditor when a debt is discharged for less than the full amount you owe ...

The Internal Revenue Service (IRS) introduces Form 8812, a valuable tool designed to help families maximize their benefits through the Child Tax Credit. TRAVERSE CITY ...

Here's what you should know about the form 1099-G, Certain Government Payments: A form 1099-G, Certain Government Payments, is issued to taxpayers who are in receipt of unemployment compensation paid ...

Form 940 and the Federal Unemployment Tax Act (FUTA) can confuse many employers, especially those new to payroll taxes. Many struggle to understand if they’re required to file the form, how to ...

Q. I am retired and don't work. I received a 1099-R pension form and two W-2 forms. One lists wages and tips (less than $600) in Box 1 and shows deductions for Social Security and Medicare. State tax ...

Every direct employee of a company receives a W-2 form in January. The W-2 is the base document that defines your tax obligations, so it is important that you review and understand yours. However, ...

Your financial adviser may have presented you with a new compliance form called Form CRS. This form is now being required to be sent to clients by the Securities and Exchange Commission (SEC), which ...

Roy Lewis offers explanations to make your tax-filing experience a little easier. For many folks, the W-2 form is the backbone of the tax return. In order to prepare a correct tax return, it's ...