The regulatory environment for digital assets will have significant implications for state-level reporting requirements.
In a letter to congressional finance leaders, the AICPA listed increasing the threshold to $10,000 as one of its priorities.
When tax season rolls around, one of the most common documents taxpayers receive is Form 1099-INT. This form, issued by banks ...
Form 1099-B is a tax form issued by brokers or barter exchanges to both the IRS and the taxpayer. It provides details about ...
TROY, Mich. (WXYZ) — I've been following an identity theft dilemma with a tax season twist. It all started with an Oxford ...
Asking yourself what's a 1099-K? Don't panic. Here's what you need to know about this tax from. The IRS said the 1099-K form is a report of payments you received for goods or services during the ...
A 1099-K form is a relatively new IRS income tax ... how much you owe or your eligibility for various tax credits. It's up to you to report the correct amount of income -- don't expect the IRS ...
Form 1099-NEC is used to report nonemployee compensation ... scannable copies from the IRS or an authorized vendor or file them online via the IRS’s Filing Information Returns Electronically (FIRE) ...
If you're receiving payments on platforms like Venmo or PayPal, you'll likely get 1099-Ks at tax time. What are they and what ...