Making a certain amount of cash from pursuing a passion or by having your own side gig means you owe taxes, according to the Internal Revenue Service, but you won’t receive a W-2 form as you would ...
Reporting your digital asset income has changed this year. Learn how the new IRS rules will affect your tax filing and why ...
The IRS has announced a significant update for the 2025 tax season: the introduction of Form 1099-DA for cryptocurrency transactions. This form is a pivotal step in the government's efforts to ...
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 ...
Form 1099-K is used to report payments received for goods or services processed through payment apps, online marketplaces, and credit cards. The IRS has issued FAQs to explain when you might get one.
A 1099 form is a document that businesses use to report various types of government payments to both the IRS and payees. This includes payments for services, dividends, interest, rents, royalties, and ...
As is the case every year, we’re hearing from lots of folks confused about when to send a 1099 form or other “information ...