As tax season approaches, it's crucial to stay informed about the latest updates to IRS Form 1040 and its schedules.

Taxpayers will receive a 1099-K from payment card companies, payment apps and online marketplaces when transactions during ...

Instead, the IRS chose to phase in the change, setting the $5,000 threshold for the 2024 tax year, $2,500 for 2025 and $600 for 2026. Even without the forms, taxpayers were alread ...

Tax filing season is officially underway and taxpayers should be on the lookout for W-2 and 1099 forms, among other ...

Navigating the complexities of tax reporting can be daunting, especially for freelancers and those with side hustles. The ...

Payment card companies, payment apps and online marketplaces are required to fill out Form 1099-K and send it to the IRS and ...

If you have a tax paper from someone other than your employer, you may have received a 1099. But what does the form mean, and ...