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.

If you're one of them, how you report this form on your tax return could accidentally trigger an overpayment to the IRS. You'll receive a 1099-K form if you use a third-party payment service ...

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 ...

A 1099-K form is issued by credit card companies and third-party settlement organizations (TPSOs) — think payment apps and ...

IRS will implement a third-party reporting system for crypto ... The ETF provider will provide you with either a 1099-B or a 1099-DA. The reporting will not only cover the proceeds from your ...

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 ...

As interest in crypto asset builds among wealthy clients, the IRS has changed how must taxpayers report the holdings and has made cryptocurrency transactions subject to third-party reporting—meaning ...