IRS Form 708 is here. 40% Tax on Gifts & Bequests from Covered Expatriates (former citizens and green card holders). Transfer ...
In 2026, a new IRS form offers a unique opportunity for families with young children in the U.S. By completing Form 4547, parents can open a 'Trump Account,' potentially securing up to $1,000 for ...
Form 1099-QA is an IRS tax form filed by states, their agencies, or their instrumentalities. It reports distributions from Achieving a Better Life Experience (ABLE) accounts specifically ...
Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Millions of Forms 1099 are sent out every year. Most arrive in ...