After years of uncertainty and changing requirements, the 1099-K reporting rules for 2025 are now set, and the thresholds ...
If you freelance, side hustle or sell products online, you're most likely familiar with the Form 1099-K. It's a form that ...
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 ...
The Internal Revenue Service revised its frequently asked questions on the Form 1099-K to alleviate confusion this filing season. The Form 1099-K has been of particular concern in recent years after ...
The lowering of the Form 1099-K threshold from $20,000 to $600 will not only produce millions more forms to be sent to taxpayers, but could also prompt many of them to abandon online marketplaces and ...
New rules are yet again in store for 2025 sales of tickets and other goods and services online. Sellers flagged as 'business' or 'professional' sellers on platforms may get 1099-K forms at lower ...