Rules and reporting requirements depend on whether the cash is income or a gift, how much money changes hands and if you're ...

Form 8283: Noncash Charitable Contributions is a tax form distributed by the Internal Revenue Service (IRS) and used by filers who wish to deduct non-cash contributions made to a qualifying ...

IRS Form 8949 is crucial in reconciling the information reported on Forms 1099-B or 1099-S with the amounts you report on your return. These subtotals from Form 8949 are then transferred to ...

What Is Form 1098: Mortgage Interest Statement? Form 1098, Mortgage Interest Statement, is an Internal Revenue Service (IRS) form used by taxpayers to report the amount of interest and related ...

Elon Musk recently polled his X followers with a simple question: Should the IRS’s funding be increased, the same, decreased or “deleted.” Regrettably, the vast majority picked the last option.