Sovos, the always-on compliance company, today announced the launch of 1099 Professional, a new solution designed to simplify tax information reporting for small and medium sizes businesses (SMBs).

For small businesses, understanding and adapting to new tax laws is crucial for maintaining financial health and ensuring compliance. The year 2024 has introduced significant tax legislation that ...

After two years of delays, the IRS's third-party payment apps reporting change might impact your 2024 tax return.

Freelancers and independent contractors have to fill out Form W-9 for their employers and clients. Here's what to do and how ...

Pulse Nigeria reported that during the recent NEC meeting, led by Vice President Kashim Shettima, the council suggested shelving the tax bill after a collective decision from northern governors ...

collectively decided to oppose the tax reform bills. However, President Tinubu, in a statement issued on Friday by his media aide, Bayo Onanuga, shunned the recommendation and urged the NEC to ...

The Progressive Northern Youth Forum (PNYF) has praised President Bola Ahmed Tinubu for rejecting the National Economic Council’s (NEC) recommendation to withdraw the tax reform bills.

President Bola Tinubu has turned down the advice of the National Economic Council (NEC) to withdraw the tax reform bills. The president rejected the recommendation of NEC on Friday evening in a ...

The IRS on Friday announced an increase to the amount individuals can contribute to their 401(k) plans in 2025 — to $23,500, up from $23,000 in 2024. The Internal Revenue Service detailed the ...