You should see this tax form if you were paid more than $5,000 in freelance income via third-party payment apps last year.

Businesses must meet the February 18, 2025 deadline to furnish recipient copies of Forms 1099-B, 1099-S, and 1099-MISC (Boxes 8 and 10) ROCK HILL, SC / ACCESS Newswire / February 12, 2025 / While ...

Have you received a 1099 tax form that you don’t understand? Our guide describes the basics of the nearly two dozen different ...

Will you recognize the Form 1099-K when you receive it from one or more third-party marketplace providers this year?  A few ...

When sorting through your mail this tax season and set aside your important documents, you may receive a new form to your tax profile called a 1099-K. This is an income record which accounts for the ...

Be careful if you sell online. The IRS may know a lot more about your side hustle this tax season. And it is cracking down on ...

it’s typically required to report those payments on Form 1099-NEC. The IRS calls this nonemployment compensation, and it covers a broad swath of freelancers, gig workers, and independent ...

"It's taxable income," said Matthew Foreman, a tax attorney and partner at law firm Falcon Rappaport & Berkman. The winnings are income even if the prediction platforms don't send a notice formally ...

Thieves take advantage of news events and your desire for a big tax refund to steal your identity and your money.

Dear Penny, I gave my wife $1,000 a month to take care of the yard, house and my four dogs. She is divorcing me, and I’m ...

The IRS doesn't have a "conscientious objector" type of exemption, not for political or religious reasons. The government expects you to pay tax on all your income as you earn it, which means that if ...

So, what are your changes of being audited? Regardless of income, your chances of being audited are pretty slim. Of the ...