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 ...

As tax season approaches in 2025, individuals receiving over $5,000 in payments for goods or services through digital ...

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.

The IRS has introduced significant changes to Form 1099-K reporting, affecting millions who use payment apps. These changes ...

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 ...

Business standard mileage rate increases for 2025 ... Applicability date set for required minimum distribution regulations ... IRS amends rules for computing the premium tax credit ... IRS expands ...

Experts advise taxpayers to file as soon as they have all the necessary documents to avoid last-minute stress and ensure a ...

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 ...

Smartphone users can turn on some built-in settings to combat unknown calls.

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