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 ...

A: Teens planning to transition should discuss the transition with their parents and make sure their parents don’t claim them ...

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 ...

If you move assets out of your IRA and into your 401(k) or use them for another purpose, your IRA brokerage will send you a Form 1099-R that will show how much money you took out. On your 1040 tax ...

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

Unlike a full-time employee whose taxes are deducted from their paycheck, if you're an independent contractor, it's your job ...

By Dr. Lori Verderame Online resellers are everywhere. Millions of people are bringing home extra income with a side hustle, online selling gig, or reselling business. Whether you are running a ...

For example, if a person earned $3,000 through PayPal and $2,600 through Venmo, they made a total of $5,600 in taxable income ...

I've been tracking identity theft cases since mid-February involving 1099-K forms in the mail. Those cases have prompted me ...