Taxpayers will receive a 1099-K from payment card companies, payment apps and online marketplaces when transactions during ...
Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require ...
The IRS has introduced significant changes affecting millions of taxpayers using payment apps like Venmo, Cash App, and ...
Interested in learning how to file your taxes for free? Did you recently receive a 1099-K form? Here's everything to know as ...
Direct File is a web-based service that works on mobile phones, laptops, tablets or desktop computers. It guides taxpayers ...
Form 1099-K reporting requirements have created a lot of confusion, and it's understandable why. Many of those sellers haven’t received 1099-Ks before, so understanding the new rules is ...
Payment platforms, apps and online marketplaces must issue a Form 1099-K to anyone who received $5,000 or more in payments on any single platform in 2024 to include with their tax return this tax ...
For the 2024 tax year (taxes generally filed in early 2025), the EITC is worth up to $4,213 if you have only one qualifying ...
The income tax deadline is April 15 for most taxpayers. But taxpayers in Florida, North Carolina, and other areas hit by ...
Taxpayers will have until April 15 in most states to file and pay their federal tax returns as the IRS is accepting returns ...
On 12/19/24, anticipating the 2025 filing season, the IRS published Tax Preparation 2025 Useful Pointers in IR-2024-311: ...