You could receive Form 1099-K for business payments from Venmo or PayPal this season. Here’s what taxpayers need to know.
Starting in 2025, cryptocurrency investors will face new reporting requirements with the introduction of Form 1099-DA. This forthcoming form will streamline the reporting process for digital assets, ...
According to the same report from Page Six, Swift will not be holding Kelce's decision against him. She is planning to be at the Superdome in New Orleans. "We can confirm that Swift will be at ...
The federal agency made the decision after President Trump signed ... as well as recent reporting, it appears that gravely insufficient notification was given, recklessly endangering residents ...
Apple‘s long-rumored entry into the foldable phone market may be drawing closer. A recent report suggests the company is in the final stages of selecting a display supplier for its anticipated ...
Treasury Secretary Scott Bessent gave Mr. Musk’s representatives at the so-called Department of Government Efficiency a powerful tool to monitor and potentially limit government spending. By ...
The IRS uses 1099 forms for reporting income earned outside of a traditional employer. Generally, the most common type of form used by self-employed individuals and other small business owners is ...
You would have to have pushed above that $5,000 threshold in 2024 to receive a 1099-K for this tax season. The American Rescue Plan Act of 2021 revamped reporting requirements for third-party ...
Follow these four Form 1099-NEC preparation tips from PayrollOrg to ensure accurate tax reporting for 2024. Electronic Filing Threshold. Organizations filing 10 or more information returns (e.g ...
New research commissioned by tax automation provider Avalara shows 61% of gig economy workers are unaware of recently lowered 1099-K reporting thresholds aimed at capturing unreported online sales ...
Fast forward to a week and a half later and NFL Network insider Ian Rapoport revealed the latest on Stafford's decision for the 2025 campaign. According to Rapoport, the Rams quarterback does plan ...
Follow these four Form 1099-NEC preparation tips from PayrollOrg to ensure accurate tax reporting for 2024. For additional tips and resources, visit www.payroll.org. PayrollOrg is the leader in ...