Additionally, business owners using payment apps like Venmo and PayPal will now receive a tax form called a 1099-K to assist in filing. And in sad news for fans of I bonds: You can no longer use your ...

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.

Early results from the IRS indicate that 7.7% fewer tax returns were filed in the first two weeks of the 2025 season. Why are ...

If you received a total of $5,000 or more through a payment app in 2024, that company is now required to report that amount ...

Digital asset tax reporting is evolving rapidly. Stay ahead with insights on IRS 1099-DA and global regulations.

The proliferation of third-party payment apps combined with a lower income threshold set by the IRS means you may receive a ...

Form 1099-R has a Jan. 31, 2025, reporting deadline ... If you are expecting Schedule K-1s from trusts, estates, partnerships and S corporations, the wait will likely be longer, for good reason.

If you received more than $5,000 for online sales of “goods or services” in 2024, you might get a Form 1099-K. Don’t ignore ...

Whether you're eagerly awaiting your IRS tax refund or still have yet to file, here's what Floridians should know about ...

Be careful if you sell online. The IRS may know a lot more about your side hustle this tax season. And it is cracking down on ...

You should see this tax form if you were paid more than $5,000 in freelance income via third-party payment apps last year.

You could receive Form 1099-K for business payments from Venmo or PayPal this season. Here’s what taxpayers need to know.