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Knowing the difference between a 1099 vs W2 employee classification is key for filing taxes. Employees receive a W-2 and ...
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 ...
In the U.S., many people file crypto taxes using 1099 forms. This guide covers the various 1099 forms you should know about.
How does the IRS define a crypto broker? The definition of the term “broker” includes individuals or entities that regularly ...
As part of former President Joe Biden’s attempt to ensure everyone pays their fair share of taxes, Congress lowered in 2021 the threshold ... would trigger a Form 1099-K, or report of payments ...
Until the American Rescue Plan Act (ARPA) of 2021, P.L. 117-2, was enacted, TPSOs were allowed a de minimis exception to filing Form 1099-K with respect to payees with 200 or fewer such transactions ...
Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation.