The IRS announced the reporting threshold for the 1099-K form will drop from $20,000 to $5,000 this tax filing season, ...

The IRS is rolling out a new 1099-K reporting rule for third-party payment apps, impacting freelancers and business owners.

Robert W. Wood is a tax lawyer focusing on taxes and litigation. IRS Forms 1099 for 2024 should arrive in January, reporting how much you were paid during the calendar year. Each Form 1099 is matched ...

If you earned more than $5,000 in income via third-party apps, you should get a 1099-K to file with your tax return.

The new requirement, which is being implemented after a two-year delay, applies to such P2P apps as PayPal, Venmo, and Block ...

The IRS and U.S. Treasury have finalized a controversial new rule requiring DeFi platforms to implement KYC procedures and ...

The IRS is now requiring freelancers to report payments of $5,000 and up received via third-party apps like CashApp, PayPal, ...

Residents across Florida have been turning to Google, asking a range of questions about the 2025 tax season. While the tax ...

The Internal Revenue Service issued final regulations for sales and exchanges of digital assets on the new Form 1099-DA for ...

The IRS has delayed new cryptocurrency tax reporting requirements until 2026, providing relief to investors and businesses ...

REDMOND, Wash., Jan. 3, 2025 /PRNewswire/ -- Business owners and tax professionals get a jump on the 2025 tax season when utilizing the newest 2024 version of ez1099 software . Halfpricesoft.com has ...