The threshold for receiving a 1099-K is higher — but that doesn't mean you're off the hook if you don't get one.
Whether or not a 1099‑K form arrives in your mailbox does not change your obligation to report income. The IRS expects you to ...
The IRS's new 1099-K reporting rule is more than a tax change; it's a fundamental shift for the gig economy. Explore the ...
Run the numbers: For 2025, the standard deduction is $31,500 for married couples and $15,750 for singles. If your total ...
What I'm hearing is you can throw the old processing schedule out the window right now, because everything is kind of bogged ...
You can shift to self-employment tax and quarterly estimated payments with these smart tech solutions and strategies.
A new tax deduction for tip income is available for 2025 federal income tax returns. Learn the new form to file, who ...
Five reasons that you should hire an accountant for your taxes - ...
For years, the IRS planned to lower the 1099-K reporting threshold to $600 for business transactions processed through third‑party platforms. After multiple delays, the IRS announced a phased approach ...
Plus: TikTok tax advice, gambling losses, fixing Forms 1099, claiming the standard deduction, Taxes From A to Z, tax filing ...
Closeup of Form 1099-NEC and 1099-MISC. The IRS has reintroduced Form 1099-NEC as the new way to report self-employment income instead of Form 1099-MISC as traditionally had been used. If you received ...