According to the IRS, for 2024, businesses and workers are required to report income of $5,000 or more from these apps. In ...

When your tax forms are late. You technically don't need a 1099 form to file a tax return. What the IRS cares about is that ...

If you earned at least $10 in income from interest, you'll receive Form 1099-INT during tax season. Here's how to use this ...

WASHINGTON, D.C. (7News) — The April 15 tax deadline is one week away -- Many people are scrambling to file their tax returns ...

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

the independent contractor uses Form 1099 to complete their own tax return. The most common reason for filling out Form W-9 is having income paid to you that you didn’t receive as an employee.

Help your child learn the process and build good habits Beverly is a writer, editor, and paralegal specializing in personal finance and tax law. She covers personal financial and legal topics, as ...

Burleigh County delayed sending income tax forms to election workers due to confusion over which form they should receive. Meanwhile, county Human Resource Director Pamela Binder believes that ...

Those payments shouldn’t generate a tax form and trigger an income tax bill if you mark them as such, but mistakes happen. If you receive a 1099-K that you shouldn’t have, you should contact ...

The AICPA’s 2025 tax priorities include increasing the reporting threshold for Form 1099-K to $10,000 from the $600 that would go into effect next year, according to a letter Monday to congressional ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation.