Forms 1099-MISC and 1099-NEC are the information returns businesses file with the IRS to report miscellaneous payments and nonemployee compensation. The IRS has released draft December 2026 versions of both...
The IRS offered automatic penalty relief to millions of taxpayers during the COVID-19 pandemic. But that program had a window, and once it closed, taxpayers who missed it found themselves...
Understand how payroll taxes apply to H-2A workers. Explore employer tax responsibilities, exemptions, withholding rules, and best practices for agricultural payroll compliance.
Form W-2G is the information return that casinos, sportsbooks, and other gaming operators file with the IRS to report gambling winnings and any federal income tax withheld on those winnings....
Learn what churches should document before processing payroll for pastors, including housing allowance designations, compensation records, tax considerations, and compliance requirements.
Giving money or property to a loved one is often seen as a personal decision, not a tax matter. However, depending on the type and value of the gift, you...
Insightful conversations, exciting seminars, new connections, and warm reunions, all surrounding and celebrating the accounting and finance industries. That’s what the TaxBandits team and other attendees of AICPA Engage 2026...