What The IRS’s 1099-K Changes Mean For Small Businesses
Last year, the Internal Revenue Service announced a phased rollout of reporting requirements for businesses who receive at ...
1099-K tax rules: What to know if you get paid via Venmo or PayPal
The Form 1099-K is meant to report income from payment apps (like Venmo or Paypal), as well as from online marketplaces or ...
The IRS Now Knows a Lot More About What You Sell
The agency is cracking down on unreported income from online sales.
Wall Street Journal16d
The IRS Now Knows a Lot More About What You Sell
musical instruments or other goods and services online should expect to get a 1099-K tax form this month. Online platforms such as StubHub, Etsy and eBay previously only had to send these forms to ...
Do you need to pay taxes on extra cash you make selling online?
If you are selling items online as a small business owner, you may end up having to pay taxes on the amount you earn. But ...
The IRS wants to know how much money you’re making online. They even have a new tax form for it
IRS Form 1099-K could be in your future if you sold items via online marketplaces like eBay and Venmo. Here’s what you need ...
Watch out, eBay sellers—the IRS knows more about your side hustle than you think
Previously, most sellers had to report when their sales reached $20,000 a year. But the IRS is slowly lowering that threshold ...