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

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 ...

While January 31st was a key deadline for filing Forms 1099-NEC, W-2, and other 1099 tax forms, many businesses need to prepare for another essential tax deadline-February 18, 2025. This date marks ...

Rentec Direct, a leading property management software provider, is helping landlords and property managers nationwide stay tax-compliant following new IRS regulations implemented in 2023. The updated ...

While January 31st was a key deadline for filing Forms 1099-NEC, W-2, and other 1099 tax forms, many businesses need to prepare for another essential tax deadline-February 18, 2025. The February ...

Clint and Lebra Johnson were stunned when they received a 1099-K tax form in the mail that showed Clint collected $9,306.57 through 427 transactions, all in November. The ...

and 1099-MISC (for amounts reported in Boxes 8 and/or 10). Failing to meet this deadline can result in IRS penalties, making it essential for businesses to stay on track with their tax reporting ...

The IRS is requiring third party payment apps to send you a 1099-K tax form if you made more than $5,000 on the platform in 2024. This reporting change will give the IRS a clearer picture of how ...