Mercury reports on 1099 filing misconceptions for small businesses, clarifying eligibility, requirements, and penalties to ...

Taxpayer Identification Number (TIN) mismatches have quietly become one of the most expensive and disruptive compliance ...

President Trump discussed his "no tax on tips" plan in January. The IRS has released its guidance for the "no tax on tips" and "no tax on overtime" provisions of the One Big Beautiful Bill Act (OBBBA) ...

The IRS has released new tax brackets for 2026 that will impact all U.S. taxpayers. The adjustments are made annually to prevent “bracket creep,” when inflation forces taxpayers into higher brackets, ...

Forbes contributors publish independent expert analyses and insights. Admitted NY Bar and US Tax Court, covers US international tax law. Using the correct IRS form (W-9 for U.S. persons and W-8BEN for ...

Establish an exemption for $125,000 worth of personal property used for income production. race called Source: Election results and race calls are from The Associated Press. By The New York Times ...

Our small-business owners want to create good jobs and meet their customers’ needs. But this tax makes that incredibly difficult, writes Jeff Burdett. iStock / Getty Images When you make a purchase at ...

This amendment would deliver tax relief to businesses by raising the amount of inventory and equipment exempt from city, county and school district taxes. Recommended vote: For Currently, businesses ...

WASHINGTON — The Internal Revenue Service announced this week that Americans will see modest increases in standard deductions and tax bracket thresholds for 2026, part of the agency's annual inflation ...

The ongoing government shutdown stems from a lapse in appropriations, with political gridlock at the Capitol. Despite multiple voting rounds, both Republican and Democrat funding proposals failed.

The Internal Revenue Service began furloughing nearly half its staff Wednesday because of the ongoing government shutdown, sparking chaos and confusion among employees as the news rippled through ...

Travis County commissioners on Tuesday passed a $2.16 billion budget after raising the property tax rate 9.12% earlier this month, a hike that will tack about $200 onto the average homeowner’s bill ...