Form 1099-K is used to report payments received for goods or services processed through payment apps, online marketplaces, ...

If your business files Form 1098, 1099 or other information returns with the Internal Revenue Service (IRS), a major shift is on the horizon. The ...

Form 1099-K is an IRS information return used to report certain payments to improve voluntary tax compliance. The requirement to file a Form 1099-K can be triggered when payments are received for ...

Taxpayers who made money online or through payment apps in 2024 might get a new tax form in the mail – a 1099-K. This form reports payments people receive through third-party platforms. But it doesn’t ...

Tax season is underway and one of the most buzzworthy documents has been Form 1099-K. If you’re used to filing with Form 1099-K, it won’t surprise you. However, some receiving the form might not ...

The Internal Revenue Service (IRS) is set to introduce a pivotal change in income reporting through third-party payment apps.

Did you just receive a 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. More taxpayers will ...

If you freelance, side hustle or sell products online, you're most likely familiar with the Form 1099-K. It's a form that specifically reports card payments and transactions from online platforms, ...

The IRS will begin processing 2024 tax returns sometime during late January 2025. The last day you can file your 2024 taxes without requesting an extension is Tuesday, April 15, 2025. Gig workers who ...

It's not the same old Lions now that a winning season is making it easy to resell game tickets at amazing prices far above the original value. But it’s the same old IRS play when it comes to handling ...

The new — and significantly lower — filing threshold for 1099-Ks promulgated by the American Rescue Plan Act of 2021 could have been effective at the beginning of 2023, but was delayed a year by ...

Under a new federal law enacted in 2021 (the “American Rescue Plan” or the “New Law”), Venmo, Pay Pal, Cash App, Etsy, eBay and other e-commerce platforms are now required to send individual users ...