Under updated IRS rules, third-party payment processors must now issue a 1099-K for total transactions exceeding $600 annually - a steep drop from the previous $20,000 threshold.

Under updated IRS rules, third-party payment processors must now issue a 1099-K for total transactions exceeding $600 annually - a steep drop from the previous $20,000 threshold.

Under updated IRS rules, third-party payment processors must now issue a 1099-K for total transactions exceeding $600 annually - a steep drop from the previous $20,000 threshold.

Side hustles are everywhere, promising flexible hours and quick money. But while many side gigs seem harmless, some can get you into hot water with the IRS if you’re not careful. The line between a ...

Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling ...

Your multiple 1099-K s can be reconciled by your accountant or tax preparer at tax time, but you must keep good records of what you received from where.

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 ...

More than one-third of Fidelity plans now auto-enroll employees in 401 (k)s at a contribution rate of 5% or higher. “Unless a new hire takes action, they’re going to be saving for the plan ...