The IRS announced the reporting threshold for the 1099-K form will drop from $20,000 to $5,000 this tax filing season, ...
Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require ...
The IRS will begin processing 2024 tax returns sometime during late January 2025. Another tax filing season is upon us. The ...
IRS has released updates on 2025 tax return filing and key updates about a new form called 1099-K: here are all the updates ...
Tax season in 2025 will be different. Learn about important changes, deadlines, and how to maximize your refund with these helpful tax tips.
Forms 1099, Volunteer Income Tax Assistance (VITA) programs, Form 1099-K relief, deducting taxes, tax filing deadlines, and ...
But in 2025, that number is expected to soar. The IRS announced the reporting threshold for the 1099-K form will drop from $20,000 to $5,000 this tax filing season, plummeting each year until $600.
The IRS is now requiring freelancers to report payments of $5,000 and up received via third-party apps like CashApp, PayPal, ...
With a new year here, that means a new tax filing season is just around the corner. Here is what you need to know.
The main difference between a W-9 and a 1099 is that you fill out a W-9, while the business or entity that is paying you ...
The new year means new adventures, but it also means tax season is starting soon. Here's what to know about deadlines and new ...
Each Form 1099 is matched to your Social Security number, so the IRS can easily issue a tax bill if you fail to report one.