Millions more taxpayers will be receiving the Form 1099-K in the mail this year for the first time if they were paid $5,000 ...
Last year, the Internal Revenue Service announced a phased rollout of reporting requirements for businesses who receive at ...
Taxpayers will receive a 1099-K from payment card companies, payment apps and online marketplaces when transactions during ...
Yes, video game marketplaces can be taxed, sometimes. Whether you're making money on Eve Online or Roblox, Minecraft or ...
The IRS expects more than 140 million returns for Tax Year 2024, with changes for third-party payment platforms and important ...
The Form 1099-K is meant to report income from payment apps (like Venmo or Paypal), as well as from online marketplaces or ...
Some tax filers may receive Form 1099-K which is used to report payment transactions through payment cards and third party ...
Avalara, Inc., a leading provider of cloud-based tax compliance automation for businesses of all sizes, today released findings from a new survey* of gig economy workers – including online marketplace ...
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IRS Implements New Tax Reporting Rules for Payment Apps: What You Need to KnowThe IRS has introduced significant changes affecting millions of taxpayers using payment apps like Venmo, Cash App, and ...
The IRS originally rolled out a plan to implement new reporting requirements for anyone earning over $600 via payment apps in ...
On 12/19/24, anticipating the 2025 filing season, the IRS published Tax Preparation 2025 Useful Pointers in IR-2024-311: ...
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