A 1099-K form is sent to self-employed people who use third-party payment apps. Its threshold has been lowered from $20,000 ...

you have or adopt a child or your employment situation changes. The IRS has a tax withholding estimator tool that can help you decide how to tweak your W-4 entries. A W-2 is the form your ...

Finally, employers must also file employment tax returns. They report the FICA taxes quarterly to the IRS on IRS Form 941, Employer’s QUARTERLY Federal Tax Return. And they report FUTA taxes ...

It should also help you find any deductions that might reduce your tax bill and make sure you complete all necessary forms for an accurate self-employed tax return. Below is a list of our top tax ...