After years of uncertainty and changing requirements, the 1099-K reporting rules for 2025 are now set, and the thresholds ...
After years of uncertainty and changing requirements, the 1099-K reporting rules for 2025 are now set, and the thresholds ...
Taxpayers face a learning curve for figuring out how key tax deductions in the mega tax bill will work when they file 2025 tax returns next year.
New rules are yet again in store for 2025 sales of tickets and other goods and services online. Sellers flagged as 'business' or 'professional' sellers on platforms may get 1099-K forms at lower ...
What Is Form 1099-OID: Original Issue Discount? Form 1099-OID: Original Issue Discount is an Internal Revenue Service (IRS) form that taxpayers receive if their taxable income for the year includes ...
1. What is the Form 1099-G or Form 1099-INT? Form 1099-G is a report of income tax refunds of $10 or more issued during the prior tax year, including overpayments carried to another tax period. Form ...
This site displays a prototype of a “Web 2.0” version of the daily Federal Register. It is not an official legal edition of the Federal Register, and does not replace the official print version or the ...
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 draft tax legislation that advanced out of the House Ways and Means Committee last week contains a provision that would repeal the $600 reporting threshold for Forms 1099-K and revert to pre-ARPA ...
Many small businesses accept credit cards, debit cards, and money transfer app payments as payment options when customers purchase goods and services. If you're among them, you will likely receive ...
When tax season rolls around, one of the most common documents taxpayers receive is Form 1099-INT. This form, issued by banks, credit unions and other financial institutions, reports interest income ...