Millions of Americans receive 1099-Ks from third-party payment platforms like PayPal ... The IRS announced the reporting threshold for the 1099-K form will drop from $20,000 to $5,000 this ...

The Internal Revenue Service (IRS) is set to introduce a pivotal change in income reporting through third-party payment apps. Under the new 1099-K reporting rule, platforms such as PayPal ...

The regulatory environment for digital assets will have significant implications for state-level reporting requirements.

In a letter to congressional finance leaders, the AICPA listed increasing the threshold to $10,000 as one of its priorities.

It's important to note that the 1099-K tax reporting rule applies exclusively to income earned through third-party payment apps. The IRS is not interested in taxing personal transactions ...

If you're receiving payments on platforms like Venmo or PayPal, you'll likely get 1099-Ks at tax time. What are they and what ...

For example, you’ll receive a 1099 reporting withdrawals from 529s and ... 1099-K reports payments you received from third-party processors — like Venmo or PayPal — for sales of goods ...