In a letter to congressional finance leaders, the AICPA listed increasing the threshold to $10,000 as one of its priorities.
The regulatory environment for digital assets will have significant implications for state-level reporting requirements.
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 ...
Each January, your mailbox and email are likely filled with tax forms. You'll receive a W-2 reporting your wages if you work for an employer. But if you do any self-employed or freelance ...
A 1099-K form is issued by credit card companies and third-party settlement organizations (TPSOs) — think payment apps and ...
If you're one of them, how you report this form on your tax return could accidentally trigger an overpayment to the IRS. You'll receive a 1099-K form if you use a third-party payment service ...
In our new Ask the Editor series, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on reporting income and tax ...