The IRS continues to aggressively enforce certain foreign information return obligations. In many cases, these enforcement efforts are automatic—that is, the agency simply imposes the applicable ...
The Internal Revenue Service issued updated guidance this week as online payment services such as Venmo and PayPal will send out 1099-K forms next tax season. The updated guidance comes after the IRS ...
Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Concept image for filing federal income taxes online and being ...