News

New tax rules introduce "Trump Accounts," raise 1099 thresholds, expand Opportunity Zones, and add new taxes on remittances ...
A business’ tax and benefit obligations are limited ... (A revenue ruling is an official interpretation by the IRS of the Internal ... you filed Form 1099-NEC for a worker you considered an ...
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 ...
New Rules and Lower Thresholds Put Freelancers, Gig Workers, and Online Sellers at Greater Audit Risk IRVINE, CA / ACCESS Newswire / June 9, 2025 / The IRS is tightening its focus on digital payments ...
This will generate the 1099-C form in your tax return and add the new payment as part of your total taxes. Search for the 1099-C Form if Needed.
CBI arrests IRS official and accomplice for accepting ₹25 lakh bribe, following demand for ₹45 lakh with threats.
Federal taxpayers who earn income not subject to withholding may need to make estimated tax payments during the year.
Under updated IRS rules, third-party payment processors must now issue a 1099-K for total transactions exceeding $600 annually - a steep drop from the previous $20,000 threshold.
The House of Representatives and the Senate have both proposed changes in the reporting thresholds for Form 1099-K and Form ...
Tax2efile, a leading IRS-authorized e-file provider, has officially launched its 2025 pre-filing season for Form 2290, giving truck owners and operators the opportunity to file their Heavy Vehicle ...