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 ...

In a letter to congressional finance leaders, the AICPA listed increasing the threshold to $10,000 as one of its priorities.

Learn which payment apps report transactions to the IRS, including Zelle, Venmo, and CashApp. Understand how reporting ...

There's no doubt that payment apps like Venmo are a convenient way to send and receive payments, but many don't know that ...

The House of Representatives has voted to repeal a Biden-era rule focused on decentralized finance—or DeFi. The bill reverses ...

And that threshold amount is slated to drop even more, with even more people likely to receive 1099-Ks next year: The $5,000 reporting threshold for tax year 2024 drops to $2,500 for 2025 and then ...

And that threshold amount is slated to drop even more, with even more people likely to receive 1099-Ks next year: The $5,000 reporting threshold for tax year 2024 drops to $2,500 for 2025 and then ...

How to report interest income on your taxes If you earn interest throughout the year from a high-yield savings account, CD, or money-market account totaling more than $10, each financial institution ...