The IRS in 2012 introduced Form 1099-K, Payment Card and Third-Party Network Transactions, which is used to report certain payment transactions to improve voluntary tax compliance.

Background For years, taxpayers who provided certain goods or services worth more than $600 were required to issue Form 1099-MISC. That changed slightly in 2012 with the new Form 1099-K.

With the addition of 1099 automation, K1x further strengthens its position as the leading tax compliance automation platform. The company's solutions are already used by over 8,000 organizations, ...

Zelle doesn’t report to the IRS—but that doesn’t mean you’re off the hook. Learn the 2025 rules and how banks may flag your ...

MDST offers high, steady monthly income from midstream energy assets, with a 10% yield and no K-1 tax forms for investors.

Retirement expert Denise Appleby shares common pitfalls and real-life examples for IRAs, required minimum distributions, and ...

Federal taxpayers who earn income not subject to withholding may need to make estimated tax payments during the year.

Clear Start Tax Breaks Down Common Filing Mistakes, Hidden Income Triggers, and What Freelancers Can Do to Avoid IRS Trouble ...

Artificial intelligence is taking over tax preparation at major brokerage houses, easing the burden on small and large ...

The Senate passed its version of the One Big Beautiful Bill Act. The bill contains many tax provisions beyond extending ...