The IRS is proposing to charge a variety of fees, based on whether the taxpayer uses the online application process and/or pays by direct debit. 9 more words
Tags » I.R.S.
Today, the IRS released on its website a “Sharing Economy Tax Center” (“SETC”). The IRS cautions therein that if you receive income from a sharing economy activity, you’ve got income that should be reported on your tax return and that may result in taxable income, after taking into account allowable deductions and exemptions. 441 more words