Form T1235 is used for reporting and transparency purposes only, and the information is displayed in the List of charities. It cannot be used to add or remove directors or grant a person access to ...

Income at or above those thresholds would trigger a Form 1099-K, or report of payments you received for goods or services during the year. The law was supposed to go into effect in 2022 but was ...

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.