If you're a freelancer, side hustler or business owner who gets paid via PayPal or Venmo for your services, expect big changes this tax season. Third-party payment apps are now required to send ...
No, you do not file multiple federal tax returns for each job separately. The IRS only requires one tax return per person, ...
Your first choice is to enter the extra income you want to account for, such as from that gig work or other Form 1099 non-employment income ... can prevent you from being hit with a monstrous tax bill ...
The IRS doesn't have a "conscientious objector" type of exemption, not for political or religious reasons. The government expects you to pay tax on all your income as you earn it, which means that if ...
An estimated 6,000 Marylanders who mistakenly received tax forms belonging to other residents due to an internal printer ...
: New 1099-G tax forms were sent to an estimated 6,000 Marylanders who received someone else’s form earlier in the month, according to the comptroller of Maryland. Original story: The state is blaming ...
In 2025, the SECURE 2.0 Act allows a new "super catch-up provision" for individuals who turn ages 60 to 63 before the end of ...
Fortunately, there are plenty of tax-advantaged options available for 1099 workers. As an independent contractor, a team of advisors can make a big difference to your bottom line in retirement.