Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require ...

Form 1099-K reporting requirements have created a lot of confusion, and it's understandable why. Many of those sellers haven’t received 1099-Ks before, so understanding the new rules is ...

Block Advisors by H&R Block demystifies a change impacting millions of small businesses, freelancers, and gig economy side ...

Now, millions more Americans will receive the form compared to previous years, the paper reports. While taxpayers are always ...

The income tax deadline is April 15 for most taxpayers. But taxpayers in Florida, North Carolina, and other areas hit by ...

A 1099-K form is sent to self-employed people who use third-party payment apps. Its threshold has been lowered from $20,000 ...

In response to corporate concerns over the 1099-K threshold and to avoid further ... need additional time to implement the new reporting requirements effectively," IRS Commissioner Danny Werfel ...

More people using payment apps or online marketplaces will get a Form 1099-K for tax year 2024. That’s because the IRS lowered the threshold from $20,000 to $5,000. Read more ...

IRS Forms 1099 are critical to IRS information return matching so the IRS can match your tax reporting and send tax notices ...

Do you have supporting forms and receipts in hand? Here's what to know about tax-filing season for Arizona and federal ...

you may have received a 1099-K tax form before. Under new reporting requirements first announced in the American Rescue Plan, third-party payment apps will eventually be required to report ...