Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require ...
The IRS is rolling out a new 1099-K reporting rule for third-party payment apps, impacting freelancers and business owners.
2023. So if your business or side gig earned at least $20,000 or received at least 200 transactions in 2022 through third-party payment platforms, you can expect to receive a Form 1099-K for tax ...
New Jersey residents will have a new way to file their federal tax returns this year. The program, called IRS Direct File, ...
A 1099-K form is sent to self-employed people who use third-party payment apps. Its threshold has been lowered from $20,000 ...