A W2 is a statement of wages and taxes for each year. QuickBooks allows you to generate paper and electronic W2s. Many, or all, of the products featured on this page are from our advertising partners ...

The Social Security Administration has announced a 2.8% cost-of-living adjustment (COLA) for 2026. That means about 71 million beneficiaries will see slightly higher payments starting in January. For ...

For a program millions rely on, Social Security is surprisingly easy to misread. The rules change with your age, earnings, and filing choices, and one wrong assumption can shrink your check or make ...

The provisions on tip and overtime compensation were enacted as part of H.R. 1, P.L. 119-21, commonly known as the One Big ...

The Internal Revenue Service (IRS) requires employers and employees alike to use specific tax forms to accurately record wages, benefits paid, taxes withheld, and other essential financial information ...

Since the enactment of the “One Big Beautiful Bill Act” (OBBBA) on July 4, 2025, employers have awaited guidance on ...

On November 21, 2025, the Internal Revenue Service (IRS) and the U.S. Department of the Treasury released guidance outlining ...

New deductions will lower the tax bills for many Americans. Those who prefer to pay less in taxes throughout the year may ...

A 1099 form is a record that an entity or person (not your employer) gave or paid you money. One copy goes to you and another copy goes to the IRS. Many, or all, of the products featured on this page ...

You have to report PayPal income to the IRS. Learn how PayPal tracks your income and how to fill out a PayPal 1099.

The 43-day funding lapse saw federal workers go without paychecks, travelers stranded at airports and people lined up at food ...

IRS adjusts 2026 tax brackets, deductions, and expat exclusions — changes that could impact how Americans abroad file and save on next year’s returns. AUSTRALIA ...