The IRS has issued a request to taxpayers with extensions for their 2024 federal tax returns to file them in the summer months.

The GOP-led Congress is walking a political tightrope with the rollout of key provisions in Trump’s “one big, beautiful” bill, passed last week. With next year’s midterms looming, strategic timing ...

A police chief has promised to go after child rapists and paedophiles “relentlessly” after decades of failures over grooming gangs. Greater Manchester Police (GMP) Chief Constable Sir Stephen Watson ...

The version of the Republican megabill passed by the House last month includes a provision that ends an effort to get 1099-K tax forms out to workers or sellers who have earned more than $600 a year.

This guide details exactly what you need to file with the IRS when working with freelancers and other non-employee providers, explains why it’s important, and offers tips to help you avoid costly ...

The requirement for payment platforms to send 1099-K forms to users who get more than $600 in a year came from March 2021's American Rescue Plan Act, which was Democrats' COVID-19 stimulus package.