If you use a Third Party Settlement Organization - Venmo, PayPal, E-Bay, Stubhub - you can expect to be impacted by the new ...

As the 2025 tax filing deadline approaches, taxpayers should be aware of several minor, yet important, changes to Internal Revenue Service (IRS) reporting requirements that could impact their 2024 ...

An audit occurs when the IRS chooses to review a taxpayer’s accounts and financial information to ensure the taxpayer reported all required income and followed all tax laws. The IRS typically audits ...

In the U.S., many people file crypto taxes using 1099 forms. This guide covers the various 1099 forms you should know about.

Estate planners and tax advisers must understand the tax and reporting rules for clients using P2P payment applications for ...

Crypto investors should also be aware that Form 1099-DA gets reported to the IRS using a standardized format, which includes ...

As long as the total of your liabilities exceeds the value of your assets when your debt is canceled, you may claim the ...

Discover 16 last-minute 1099 tax deductions for independent contractors. From home office to business insurance, these deductions can save you money.

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

NEXT explains that if you're an independent contractor, it's your job to pay taxes on your own—and you'll want as many 1099 ...

This is only the first step with cost basis of new digital asset acquisitions, gross proceeds, and adjusted costs basis reporting in the following years.” While the 1099-DA will bring more ...