The Southern Maryland Chronicle on MSN

IRS Eases 1099-K Rules with $20K Limit

The Internal Revenue Service issued updated frequently asked questions on Form 1099-K on Oct. 23, 2025, clarifying reporting ...
Form 1099-K is used to report payments received for goods or services processed through payment apps, online marketplaces, ...
The Internal Revenue Service released several key updates last week implementing provisions of the One, Big, Beautiful Bill ...