You should see this tax form if you were paid more than $5,000 in freelance income via third-party payment apps last year.
On January 16, 2025, the Internal Revenue Service (“IRS”) issued Revenue Ruling 2025-4 (the “Rev. Rul.”). The Rev. Rul. provides guidance on ...
Have you received a 1099 tax form that you don’t understand? Our guide describes the basics of the nearly two dozen different ...
The IRS's new 1099-K rules are adding stress for a group of workers who already tend to have somewhat complicated tax ...
Taxpayer was liable for self-employment tax on income reported as “other income” and an accuracy-related penalty, the U.S. Tax Court held, affirming the IRS’s determinations. Taxpayer, an individual, ...
The rise in self-employment in India has been a notable trend in recent years, with more individuals opting for entrepreneurial ventures and flexible work arrangements. As per the Economic Survey 2025 ...
structured forms of employment. 7. Impact on women’s employment: Shift toward entrepreneurship • Women’s participation in regular wage/salaried jobs fell, but their involvement in self-employment or ...
Listen to a short summary Read by Dana G. Your browser does not support the audio element.Taxes are due on Tuesday, April 15, ...
The IRS uses 1099 forms for reporting income earned outside of a traditional employer. Generally, the most common type of form used by self-employed individuals and other small business owners is ...
Did you just receive a form called a 1099-K, a form that you never, ever saw in your lifetime? Well, do not ignore any 1099-K that pops up. Take your time to understand this one. More taxpayers ...
Yes, video game marketplaces can be taxed, sometimes. Whether you're making money on Eve Online or Roblox, Minecraft or ...