If you receive Social Security benefits, you probably know about the SSA-1099 or SSA-1042S tax form. Each January, the Social ...

But for the 2025 tax year, that number is expected to soar. The IRS announced the reporting threshold for the 1099-K form will drop from $20,000 to $5,000, plummeting each year until $600.

These are the 1099 forms used to report payments to independent contractors, as well as things such as interest income and rent payments. Instructions on the IRS website detail exactly which ...

The draft tax legislation that advanced out of the House Ways and Means Committee last week contains a provision that would repeal the $600 reporting threshold for Forms 1099-K and revert to pre ...

For Q1 2025, globally announced M&A activity totaled $885 billion, a 15% increase vs. Q1 of 2024. Click here to read the full ...

Further, these partnerships often invest in foreign entities. Many partners, especially limited partners, have no ability to direct the partnership’s operations and investment choices. Since foreign ...

Gabelli Funds has posted The Gabelli Dividend & Income Trust's Q1 2025 commentary. Click here to read the full commentary.

The 1099-R form is required to reflect the previous ... they found the first new report since the updated report — which took effect in February 2024 — identified nine retirees who died ...

Nevertheless, the likelihood of treating a patient with a psychiatric comorbidity remains high, with approximately 30% to 40% of patients seeing a dermatologist reporting a mood disorder ...

Bath & Body Works, Inc. BBWI is expected to report a year-over-year increase in the top line when it releases first-quarter fiscal 2025 earnings on May 29, before the market opens. Investors are ...