OID stands for Original Issue Discount. You'll likely hear this concept discussed when referring to bonds and you might have even received a form 1099-OID. There are a lot of sophisticated OID ...

When our 1099s for interest and dividends began rolling in during the onset of tax season, many of us received what is called a form 1099 — OID. You may ask yourself “What is this OID? A new ...

Two defendants who received hundreds of thousands of dollars in fraudulent tax refunds have pleaded guilty in federal court. The tax fraud scheme attempted to receive nearly $100 million in fraudulent ...

Last year, the Internal Revenue Service introduced a draft version of a form that we haven’t seen since 1982: Form 1099-NEC, Nonemployee Compensation. Form 1099-NEC is intended to replace the ...