Starting in 2025, digital wallet users will face new IRS regulations for income reporting. However, Zelle stands out as the ...

The IRS is rolling out a new 1099-K reporting rule for third-party payment apps, impacting freelancers and business owners.

Small businesses and freelancers using payment platforms like Venmo and PayPal will face new IRS reporting requirements ... any income over $600 will need to be reported. “As with most things ...

This comes ahead of new reporting requirements, first announced in the American Rescue Plan. The plan will eventually require third-party payment apps to report earnings over $600 to the IRS.

Prime numbers; Power play; Great White sharks; and other highlights of recent tax cases.

Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require ...

Last month, the IRS issued official notice that for calendar year 2024 the dollar-limit threshold ... which already have a $600 reporting threshold, none of this may be new to you.) ...

Rules and reporting requirements depend on whether the cash is income or a gift, how much money changes hands and if you're ...

Business entity and Form 94X series tax return transcripts are now available through TDS for tax professionals and reporting ... of dollars and long prison sentences for dangerous criminals, Werfel ...

Under new reporting requirements first announced in the American Rescue Plan, third-party payment apps will eventually be required to report earnings over $600 to the IRS. "Prior to 2024 ...