Forbes contributors publish independent expert analyses and insights. Ashley L. Case, J.D., LL.M., writes about tax and estate planning. Form 56 serves as a conduit of communication between taxpayers ...

The IRS Form 1040 is the primary document used by taxpayers in the United States to file their annual income tax returns. It serves as a comprehensive summary of your financial year, detailing all ...

The Tax and Trade Bureau will stop issuing paper checks for disbursements, including tax refunds, to comply with a Trump executive order. Other federal agencies, including IRS, are moving in that ...

A view of an IRS 1040 Tax Form on a Laptop computer screen being prepared for an electronic filing. The 2023 tax filing season is in full swing. Taxpayers and tax preparers are currently meeting to ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Forms 1099 generally saddle you with income you have to report.

The IRS started phasing out paper refund checks today after an executive order earlier this year from President Donald Trump. The order, issued in March, requires the IRS to largely stop sending paper ...

Congress enacted Section 6038B as part of the Deficit Reduction Act of 1984. Under section 6038B, U.S. persons must file an information return for any tax year in which they transfer property to a ...

U.S. persons who invest in foreign activities often have U.S. reporting obligations. A common international reporting requirement for many U.S. persons is IRS Form 5471, Information Return of U.S.

Filing IRS Form 4868 gives you an automatic six-month extension to file your tax return. You can request an extension for free, but you still need to pay taxes owed by Tax Day. Many, or all, of the ...

Forbes contributors publish independent expert analyses and insights. Matthew Roberts is a tax attorney who covers tax litigation and fraud. Of all the international information return obligations, ...