The IRS will begin processing 2024 tax returns sometime during late January 2025. The last day you can file your 2024 taxes ...

The IRS announced the reporting threshold for the 1099-K form will drop from $20,000 to $5,000 this tax filing season, ...

The new year means new adventures, but it also means tax season is starting soon. Here's what to know about deadlines and new ...

Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require ...

Forms 1099, Volunteer Income Tax Assistance (VITA) programs, Form 1099-K relief, deducting taxes, tax filing deadlines, and ...

The IRS has announced a significant change in tax regulations, targeting virtual wallets like Venmo, Cash App, and PayPal.

With a new year here, that means a new tax filing season is just around the corner. Here is what you need to know.

Rules and reporting requirements depend on whether the cash is income or a gift, how much money changes hands and if you're ...

You've worked hard on your side hustle all year. Whether you drove for Uber or Lyft to earn money to supplement a full-time ...

But in 2025, that number is expected to soar. The IRS announced the reporting threshold for the 1099-K form will drop from $20,000 to $5,000 this tax filing season, plummeting each year until $600.

This past year wasn't short on tax and accounting news, affecting taxpayers and tax professionals alike. Here are the top tax ...

The new requirement, which is being implemented after a two-year delay, applies to such P2P apps as PayPal, Venmo, and Block ...