A new IRS reporting rule will affect crypto users starting in 2025, changing how digital asset activity is tracked and ...

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 ...

Tax season is well underway, and that means you should have received one or more income statements from employers or any other entities that paid you income in 2024. IRS rules state that all tax ...

When it comes to managing your taxes, understanding the forms you receive is half the battle. Among these, Form 1099-INT ...

The Internal Revenue Service (IRS) has recently announced a pivotal change that will impact the tax filings of millions of Americans who rely on digital payment platforms such as Venmo, Cash App, and ...

If you’re a freelancer, business owner, or just have a small side hustle, you should know about the new tax requirement this year for electronic payments through Venmo, PayPal, online marketplaces and ...

Your 1099-R tells the IRS a story about your IRA distributions. But what if the story is not true? If a distribution was made from your IRA during 2024, your IRA custodian must send you a Form 1099-R ...

Freelancers making $5,000 from third-party payment apps will be required to report it on their taxes. The Internal Revenue Service (IRS) now requires freelancers to report payments of $5,000 and up ...