Tax forms

The Internal Revenue Service extended its transition relief for the new Form 1099-K information reporting threshold.

The Internal Revenue Service has decided to stop automatically levying penalties when a taxpayer files a form reporting foreign gifts too late.

The number of taxpayers filing individual income tax returns is projected to increase by about 10,000,000 over the next eight years.

The number of taxpayers filing Forms 1040 and 1040-SR are projected to increase by about 10,000,000 over the next eight years.

The Treasury and the IRS granted a filing exception for tax-exempt organizations, saying they don't have to file Form 4626 for tax year 2023.

W-2G income; addressing the CPA shortage; qualities of a crypto tax pro; and other highlights from our favorite tax bloggers.

The 7217 is designed to report the basis of all distribution of property that a partner receives from a partnership in a non-liquidating or liquidating distribution.

The Internal Revenue Service needs to do more to get ready for new reporting requirements on the Form 1099-K and 1099-DA, according to a new report.

The Ways and Means Committee advanced five tax-related bills, including one that would eliminate a requirement to report payments of $600 from third-party networks.

There's still room for improvement, say experts.