If you're earning income through platforms like PayPal, Venmo, or Cash App, it's crucial to understand the new tax reporting ...
IRS rules say that interest earned on bank accounts is taxable income. If you earned a bonus when opening a new account, you ...
Decentralized finance companies are breathing a sigh of relief after the Treasury and the Internal Revenue Service gave them a two-year delay on reporting.
The Maryland Comptroller is promising changes at her agency after a printing malfunction led to thousands of taxpayers' ...
Navigating the complexities of tax reporting can be daunting, especially for freelancers and those with side hustles. The ...
TaxBandits is a SOC 2 Certified, IRS-authorized e-file provider specializing in various tax forms, such as Form 1099, W-2, 941, 940, 1095-C, 1095-B, and W-9. Serving businesses, service providers, and ...
The PAN Card acknowledgment number is a 15-digit code that indicates the successful submission of a PAN Card application. A permanent account number (PAN) is mandatory for financial transactions ...
The broker will maintain information on your purchases and sales of crypto in your account throughout the year and report it on a new form — the 1099-DA. Once complete, that form will be sent to ...
They will issue a new tax form, the 1099-DA, which will report purchases and sales to both taxpayers and the IRS. According to CNN, this information must be included in 2025 tax returns filed in early ...
Did you just receive a new form called a 1099-K, a form that you never, ever saw in your lifetime? Well, do not ignore any 1099-K that pops up. Take your time to understand this one. The IRS will ...
Your 1099-R tells the IRS a story about your IRA distributions. But what if the story is not true? If a distribution was made from your IRA during 2024, your IRA custodian must send you a Form ...