IRS Form 1099-K could be in your future if you sold items via online marketplaces like eBay and Venmo. Here’s what you need ...

Taxpayers whose tax returns the IRS examines may experience long administrative delays in working with the IRS to resolve unagreed issues.

Settlements in the employment law context can set up thorny tax issues for employers. In this alert, we will discuss two key issues companies ...

One major disadvantage of debt settlement is that the government may tax forgiven or canceled debt as income. This could eat into your debt settlement savings or even wipe it out altogether. It's ...

IRS unveils 2025 income ... confirmation code on the settlement website. If you did not receive a notice but believe you are eligible, you can complete a claim form online. Your paycheck may ...

STATEN ISLAND, N.Y. — Victims of a data breach against one of the world’s largest insurance firms could be entitled to as ...

Taxes on Debt Settlement: How Much Will You Owe ... Insolvency is reported on IRS Form 982. If your insolvency is greater than the amount of debt forgiveness, you won't have to list the income ...