2025 Tax Form Updates: New Procedures and Deadlines
Information Returns (W-2s, 1098s, 1099s, 5498s, etc.) Penalties Increased—Penalties for failure to file, failure to provide, and intentional disregard of filing and payee statement requirements have increased due to adjustments for inflation. The higher penalty amounts apply to returns required to be filed after December 31, 2025. The new penaltyRead More →









