Avoid costly tax mistakes with your IRA. Learn how skipping IRS Form 8606 cost one investor $50,000—and how you can protect ...

Thousands of Bitcoin holders across the US are now finding out the hard way that the IRS has been watching closely, without ...

This guide details exactly what you need to file with the IRS when working with freelancers and other non-employee providers, explains why it’s important, and offers tips to help you avoid costly ...

Clear Start Tax Breaks Down Common Filing Mistakes, Hidden Income Triggers, and What Freelancers Can Do to Avoid IRS Trouble ...

Zelle doesn’t report to the IRS—but that doesn’t mean you’re off the hook. Learn the 2025 rules and how banks may flag your ...

If you find any errors on your 1099-K form, whether it's a misspelling of your name, a wrong tax ID, or a reporting inaccuracy, you can request a new form from the payment settlement entity (PSE ...

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 ...

A 1099-K form is a relatively new IRS income tax form that freelancers and business owners who earned more than $5,000 through third-party payment platforms in 2024 may receive.

$5,000 in 2024; $2,500 in 2025; $600 in 2026 and after; According to the IRS, you may receive a Form 1099-K even when total payments are less than the reporting threshold. No matter the amount of ...