The federal government readjusts tax brackets and the annual standard deduction each year to keep up with inflation. One positive outcome of the inflation we've experienced over the past few years is ...

You could receive Form 1099-K for business payments from Venmo or PayPal this season. Here’s what taxpayers need to know.

Will you recognize the Form 1099-K when you receive it from one or more third-party marketplace providers this year?  A few ...

Businesses must meet the February 18, 2025 deadline to furnish recipient copies of Forms 1099-B, 1099-S, and 1099-MISC (Boxes 8 and 10) ROCK ...

Also, note that employers are required to send employees their W-2 and 1099 income tax forms by the end of January. When is the deadline for filing a 2024 tax return with the IRS? The official ...

But there's one item on your to-do list that you might have overlooked. That would be to check your 1099-R, the form is used to report the distribution of retirement benefits such as pensions ...

and initiating a no tax on tips rule. Granted, the IRS has noted, that all income, no matter the amount, is taxable unless it’s excluded by law whether a Form 1099-K is sent or not. What ...

If you are a small business owner who receives money for goods and/or services through Venmo, PayPal, eBay, Etsy, or other third-party apps, you may be receiving a 1099-K form from them and there ...

Discover More: 50 Cheapest Places To Retire Across America Be Aware: 3 Sneaky Things You Didn’t Realize Your Tax Software Was Doing — And How to Stop Them This Year If you are already retired ...

A new tax form coming for 2025 tax season offers a bit of clarity to the profitable world of virtual dollars, crypto currencies, stablecoins, and NFTs: The 1099-DA (for “Digital Asset”) is ...