Because of how IRS computer systems are configured, the IRS computers will not detect an over-reporting of income and send ...

The House of Representatives has voted to repeal a Biden-era rule focused on decentralized finance—or DeFi. The bill reverses ...

Learn which payment apps report transactions to the IRS, including Zelle, Venmo, and CashApp. Understand how reporting ...

IRS Forms 1099 for lawsuit settlements are common. They are issued to the plaintiff, lawyer or both, often for 100% to each.

The IRS has distributed over $102.2 billion in refunds so far, marking a 10% increase over the same period in 2024.

If, after making contact, you're still missing the 1099 forms you're in need of, you can reach out to the IRS at ...

There's no doubt that payment apps like Venmo are a convenient way to send and receive payments, but many don't know that ...

Don't panic. Here's what you need to know about this tax from. The IRS said the 1099-K form is a report of payments you received for goods or services during the year if you made any money or ...

How to report interest income on your taxes If you earn interest throughout the year from a high-yield savings account, CD, ...

And that threshold amount is slated to drop even more, with even more people likely to receive 1099-Ks next year: The $5,000 reporting threshold for tax year 2024 drops to $2,500 for 2025 and then ...