After years of uncertainty and changing requirements, the 1099-K reporting rules for 2025 are now set, and the thresholds ...
If you pay independent contractors $600 or more annually, you must report those payments to the IRS on Form 1099-NEC. The process is fairly simple if you only need to send one or two, but it gets more ...
Learn how to fix errors, report missing forms, and stay compliant with the IRS before filing your 2024 tax return.
The IRS will begin processing 2024 tax returns on Jan. 27. The last day you can file your 2024 taxes without requesting an extension is Tuesday, April 15, 2025. Gig workers who earned more than $5,000 ...
Self-employed people who send and receive payments using things like PayPal, Venmo and CashApp get a special tax form, called a 1099-K. Usually though, they’d only receive one if they made at least ...
If you sell goods or services or rent property, and get paid through Venmo, PayPal, Cash App or another payment app, you may have been surprised by a Form 1099-K this year. Here’s why you might be ...
NEW YORK — Workers across different industries are increasingly receiving some or all of their income via apps. They include tutors, graphic designers, hair stylists, and all kinds of independent and ...
LANSING, Mich. — Michiganders who were paid jobless benefits this year have the opportunity to choose how they receive their 1099-G tax forms, according to the Michigan Department of Labor and ...