Rangers pay more than $10 million in luxury tax in 2024, report says
The Texas Rangers spent more money on talent in 2024 than any other team that did not make the postseason. The consolation: A ...
Dodgers must pay $103 million in MLB luxury tax as a record nine teams owe penalty, per report
The Los Angeles Dodgers, the reigning World Series champions, are one of a record nine Major League Baseball teams who must ...
India tax panel may consider lowering GST on online food delivery fees, report says
India's GST Council, chaired by the federal finance minister, may lower the tax on food delivery charges by e-commerce ...
The IRS Is Sending Up to $1,400 to One Million People: Are You Eligible?
Additionally, the IRS will send letters to inform recipients about their payments and how the amounts were calculated. The ...
IRS again delays small-business tax-reporting requirement
This is not the first time the IRS has delayed the reporting requirement, having done so in 2022 and then again in late 2023 ...
Why I opposed Mayor Wu’s tax proposal
That defensiveness, though, quickly shifted to panicked claims of a dire economic scenario and prompted Mayor Michelle Wu to ...
IRS adjusts income reporting rules for third-party payment apps like Venmo, PayPal
Small businesses and freelancers using payment platforms like Venmo and PayPal will face new IRS reporting requirements this tax season.
The Baltimore Sun11d
IRS adjusts income reporting rules for third-party payment apps
Small businesses and freelancers using payment platforms like Venmo and PayPal will face new IRS reporting requirements this tax season, with income thresholds gradually decreasing over the next ...
JournalofAccountancy27d
IRS again delays effective date of $600 threshold for Form 1099-K reporting
The IRS again delayed the effective date of the $600 threshold for Form 1099-K reporting for third-party settlement organizations (TPSOs) and will treat 2024 and 2025 as transition years, the Service ...