After years of uncertainty and changing requirements, the 1099-K reporting rules for 2025 are now set, and the thresholds ...

Millions of Americans who sell goods online or use third-party platforms such as PayPal, Cash App or Venmo will soon face new tax reporting rules under changes introduced by the One Big Beautiful Bill ...

Democrat Chris Pappas celebrates winning the New Hampshire U.S. House District One Congressional race at an election party in Manchester, N.H. Tuesday, Nov. 6, 2018. (AP Photo/ Cheryl Senter) U.S. Rep ...

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 ...

The IRS announced it has delayed implementation of its new $600 1099-K threshold on third-party settlement organizations for 2023, saying the complexity of the new provisions and the amount of ...

The Internal Revenue Service said Tuesday it would postpone the $600 threshold for reporting transactions on Form 1099-K for the second year in a row, and begin to phase in a threshold of $5,000 ...

WASHINGTON, DC - MAY 19: Erin Collins, national taxpayer advocate at the Taxpayer Advocate Service speaks at a Senate Appropriations Subcommittee hearing on Capitol Hill May 19, 2021 in Washington, ...

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 ...