The Internal Revenue Service needs to do more to get ready for new reporting requirements on the Form 1099-K and 1099-DA, according to a new report. The report, released Thursday by the Government ...

The Internal Revenue Service said Tuesday it would postpone the $600 threshold for reporting transactions on Form 1099-K for the second year in a row, and begin to phase in a threshold of $5,000 ...

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The 2025 tax season will have its quirks, gimmicks and gotchas. But right now anyway, many experts say most people should expect to see a timely tax refund. Fingers crossed. Taxpayers will still need ...

The IRS, in its release of the draft of the Form 1099-DA for brokers to report digital asset transactions, includes the broad definition of “broker” used in proposed regulations that drew industry ire ...

It's not the same old Lions now that a winning season is making it easy to resell game tickets at amazing prices far above the original value. But it’s the same old IRS play when it comes to handling ...

(NewsNation) — If you use payment apps like Venmo, Cash App or PayPal for more than just splitting a bill, there could be ...