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

The percentage of gig workers knowledgeable about the lower threshold the Form 1099-K versus those that don’t know came out ...

Proprietors must file Form 1040, which is the standard form for the income tax returns. 3. File Schedule C: Attach Schedule C (Form 1040), which reports business incomes and expenses. 4. File Schedule ...

Robert W. Wood is a tax lawyer focusing on taxes and litigation. Closeup of Form 1099-NEC and 1099-MISC. The IRS has reintroduced Form 1099-NEC as the new way to ... [+] report self-employment ...

If you are a small business owner who receives money for goods and/or services through Venmo, PayPal, eBay, Etsy, or other third-party apps, you may be receiving a 1099-K form from them and there ...

Millions of Americans receive 1099-Ks from third-party payment platforms like PayPal, Venmo, Stripe, and more every year. But in 2025, that number is expected to soar. The IRS announced the ...

Did you just receive a new form called a 1099-K, a form that you never, ever saw in your lifetime? Well, do not ignore any 1099-K that pops up. Take your time to understand this one. The IRS will ...