Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require ...

The Form 1099-K is meant to report income from payment apps (like Venmo or Paypal), as well as from online marketplaces or ...

If you have a tax paper from someone other than your employer, you may have received a 1099. But what does the form mean, and ...

your tax reporting requirements will change for the 2024 tax year. The law will not affect the amount of taxes owed, but it will change how you report income with 1099-K forms. Those who ...

For this current tax season, you will not see any 1099-DAs. Keep this change in mind as it may affect your tax preparation process next year. Disclaimer: this post is informational only and is not ...

Well, do not ignore any 1099-K that pops up. Take your time to understand this one. The IRS will begin accepting and processing 2024 federal income tax returns ... a Schedule C can use the ...

The IRS has established some reporting rules for income that's received on P2P payment platforms such as Venmo including ...

As the IRS begins accepting 2024 tax returns, individuals should prepare for potential delays with certain credits, ensure ...