The income tax deadline is April 15 for most taxpayers. But taxpayers in Florida, North Carolina, and other areas hit by ...
Block Advisors by H&R Block demystifies a change impacting millions of small businesses, freelancers, and gig economy side hustlers this tax seasonKANSAS CITY, Mo., Jan. 22, 2025 (GLOBE NEWSWIRE) -- ...
New tax rules hit in 2025 just in time to trigger more 1099-K paperwork for Detroit Lions ticketholders who are reselling hot ...
A 1099-K form is sent to self-employed people who use third-party payment apps. Its threshold has been lowered from $20,000 ...
The agency is cracking down on unreported income from online sales.
Do you have supporting forms and receipts in hand? Here's what to know about tax-filing season for Arizona and federal ...
IRS is cracking down on your online income. What to know - Millions more taxpayers with online side hustles will receive 1099 ...
Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require ...
More states are expected to simplify their sales tax laws and leverage artificial intelligence for doing tax audits, ...
Did you just receive a new 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. The IRS will ...
But in 2025, that number is expected to soar. The IRS announced the reporting threshold for the 1099-K form will drop from $20,000 to $5,000 this tax filing season, plummeting each year until $600.