Form 1099-K reporting requirements have created a lot of confusion, and it's understandable why. Many of those sellers haven’t received 1099-Ks before, so understanding the new rules is ...

The IRS has announced that it would (again) delay the new $600 Form 1099-K reporting threshold for third ... the number of transactions in 2024. The dollar value will scale to $2,500 for ...

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 ...

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 ...

People who missed one of the COVID stimulus payments or had received less than the full amount were able to claim the credit.

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. For your 2024 taxes ...

"While this IRS announcement sets the threshold for 2024 and prevents many Americans and small businesses from being ...

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 ...

Heads up to anyone who is a freelancer, independent contractor, business owner, property renter or just a hobbyist who ...

A Government Accountability Office (GAO) report found that ... t have to worry about a literal army of new IRS agents coming for your tax dollars — or tips. Instead, stay informed, and tune ...

Rossen Reports has previously reported that the IRS is shaking up rules for third-party payment platforms. Under new ...