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

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 ...

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 ...

The Vanguard High Dividend Yield ETF's yield is lackluster, and its dividend growth is slowing. Check out how to boost 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.

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.

The deadline for filing your income tax return for 2024 is approaching: Monday, April 15. Below I will discuss some details ...