IRS Forms 1099 are used so the IRS can match Social Security numbers with tax returns to speed IRS collection efforts. But ...

The general rule is that any ordinary and reasonable expense you pay while conducting a business activity is deductible in ...

We asked our listeners to send us their most befuddling questions about the 2025 tax season. What if you can't pay your tax ...

If you sell goods or services or rent property, and get paid through Venmo, PayPal, Cash App or another payment app, you may have been surprised by a Form 1099-K this year.

The IRS has introduced significant changes to Form 1099-K reporting, affecting millions who use payment apps. These changes ...

After Cardi B won a $4 million defamation judgment against Tasha K three years ago, the gossip personality known for her ...

Early results from the IRS indicate that 7.7% fewer tax returns were filed in the first two weeks of the 2025 season. Why are ...

If you received a total of $5,000 or more through a payment app in 2024, that company is now required to report that amount ...

Digital asset tax reporting is evolving rapidly. Stay ahead with insights on IRS 1099-DA and global regulations.

The proliferation of third-party payment apps combined with a lower income threshold set by the IRS means you may receive a ...

Form 1099-R has a Jan. 31, 2025, reporting deadline ... If you are expecting Schedule K-1s from trusts, estates, partnerships and S corporations, the wait will likely be longer, for good reason.