The Internal Revenue Service issued updated frequently asked questions on Form 1099-K on Oct. 23, 2025, clarifying reporting ...

Fact Sheet 2025-08 goes into detail regarding the dollar threshold for filing Form 1099-K under the One, Big, Beautiful Bill ...

Under a new federal law enacted in 2021 (the “American Rescue Plan” or the “New Law”), Venmo, Pay Pal, Cash App, Etsy, eBay and other e-commerce platforms are now required to send individual users ...

Form 1099-K is an IRS information return used to report certain payments to improve voluntary tax compliance. The requirement to file a Form 1099-K can be triggered when payments are received for ...

The information reporting form, IRS Form 1099-K (Payment Card and Third-Party Network Transactions), is used to track business payments made through credit or debit card and peer-to-peer services such ...

The Internal Revenue Service released several key updates last week implementing provisions of the One, Big, Beautiful Bill ...

One law provision new for tax years beginning in 2022 and after that could catch many individual taxpayers by surprise — particularly those in the “gig economy” — is the much lower threshold at which ...

Did you collect jobless benefits in 2021? Then you're going to need to sit back and wait to file your federal income tax return until you make sure you have all the right numbers in hand. Michigan ...