News

GOP megabill looks set to end the $600 tax-reporting rule for Venmo, PayPal payments One supporter of a lower threshold for 1099-K tax forms says the issue could come back in the future due to the ...
This guide details exactly what you need to file with the IRS when working with freelancers and other non-employee providers, explains why it’s important, and offers tips to help you avoid costly ...
Clear Start Tax Breaks Down Common Filing Mistakes, Hidden Income Triggers, and What Freelancers Can Do to Avoid IRS Trouble ...
The good news is that it is not really difficult to report 1099 rental income. Along with the tax return Form 1040, you will generally file IRS Form 1099-MISC, which the IRS uses to keep track of ...
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 ...
Words by Kaili Cochran With tipping and tax laws evolving, platforms like Cash App are changing not just how people pay, but ...
While the reporting threshold for Form 1099-MISC had been $600, Form 1099-K required reporting when payments totaled more than $20,000 and more than 200 transactions were settled through a third ...
Federal taxpayers who earn income not subject to withholding may need to make estimated tax payments during the year.