The Internal Revenue Service unveiled a long-awaited online portal Wednesday where businesses will be able to file their 1099 information returns for free. The Information Returns Intake System portal ...

The IRS launched an online portal for sellers and dealers of energy efficient cars to get advance payment of the tax credits within 72 hours of a sale, essentially cutting the price of the vehicles.

The Internal Revenue Service (IRS) recently launched a new online registration portal allowing taxpayers to begin the registration process that must be completed in order for a taxpayer to elect to ...

The Internal Revenue Service has been working to resolve a problem that was preventing businesses and tax professionals from using a new online portal to file their 1099 forms for free. The IRS opened ...

On December 22, 2023, the IRS activated an online portal (the “Registration Portal”) where users can register clean energy projects and investments, which can then be used to claim energy tax credits ...

If there’s one thing we should be able to agree upon, it’s that everyone should pay the taxes they owe without having to pay for the privilege of doing so. This year, for the first time, residents of ...

The Internal Revenue Service had to work quickly last year to set up an online portal for the expanded Child Tax Credit to allow parents to claim or reject advance payments, but the rollout had some ...

Some drivers who bought electric vehicles in 2024 have found it impossible to claim their EV tax credits now when filing their tax returns, thanks to a glitch. But now, a new alert offers a bit more ...

The Internal Revenue Service is trying to trim back its paperwork by introducing a new online process for how small businesses can create 1099 forms from scratch and file those forms to the IRS ...

Taxpayers could fall into plenty of potholes if someone takes a wrong turn when claiming an attractive tax credit for buying an electric vehicle on their 2024 tax return. And they might get into ...

Ways and Means Committee Chairman Jason Smith (R-MO) announced on Wednesday the launch of an online portal for IRS employees to report malfeasance directly to Congress. The portal features an area for ...