With tax season just getting started—the season officially opened on January 27, 2025—you’ve likely received several tax reporting forms already, or they are on their way. Here's what you need to know ...

If you’re an employee, Form W-2 is one of the most important forms you’ll receive at tax time. It includes information about the income and benefits you received during the tax year, so you’ll need it ...

Most people get their W-2 forms by the end of January. Form W-2, Wage and Tax Statement, shows your income and the taxes withheld from your pay for the year. You need it to file an accurate tax return ...

Companies that pay wages and other payments totaling more than $600 in a calendar year must furnish copies of IRS Form W-2 to employees, including former employees. If your company paid an individual ...

On July 4, 2025, President Trump signed into law the so-called “One Big Beautiful Bill Act.” The Act established new above-the-line tax deductions for “qualified tips” and “qualified overtime ...

As an employer, you are responsible for supplying both your employees and the Internal Revenue Service with a Form W-2 for each employee, showing their taxable income for the year. Knowing how this ...

When you earn wages or a salary from an employer, you’ll receive a W-2 form by Jan. 31 of the following year, which contains all the relevant information about your income that you’ll need for tax ...