Be careful if you sell online. The IRS may know a lot more about your side hustle this tax season. And it is cracking down on those who fail to report the added income.
Third party payment apps are required to send you a 1099-K tax form if you made more than $5,000 on the platform in 2024.
PayPal settled an enforcement action brought by the New York State Department of Financial Services (NY DFS) for failing ...
You could receive Form 1099-K for business payments from Venmo or PayPal this season. Here’s what taxpayers need to know.
Clint and Lebra Johnson were stunned when they received a 1099-K tax form in the mail that showed Clint collected $9,306.57 through 427 transactions, all in November. The ...
Will you recognize the Form 1099-K when you receive it from one or more third-party marketplace providers this year?  A few ...
Most taxpayers have until April 15 to file their tax returns completely. As you assemble your desk to file taxes, here’s what ...
If you're a freelancer, side hustler or business owner who gets paid via PayPal or Venmo for your services, expect big ...
In 2025, the SECURE 2.0 Act allows a new "super catch-up provision" for individuals who turn ages 60 to 63 before the end of ...
Have you received a 1099 tax form that you don’t understand? Our guide describes the basics of the nearly two dozen different ...