The version of the Republican megabill passed by the House last month includes a provision that ends an effort to get 1099-K tax forms out to workers or sellers who have earned more than $600 a year.

With the addition of 1099 automation, K1x further strengthens its position as the leading tax compliance automation platform. The company's solutions are already used by over 8,000 organizations, ...

New Rules and Lower Thresholds Put Freelancers, Gig Workers, and Online Sellers at Greater Audit Risk IRVINE, CA / ACCESS Newswire / June 9, 2025 / The IRS is tightening its focus on digital payments ...

Thousands of Bitcoin holders across the US are now finding out the hard way that the IRS has been watching closely, without ...

Artificial intelligence is taking over tax preparation at major brokerage houses, easing the burden on small and large ...

Clear Start Tax Breaks Down Common Filing Mistakes, Hidden Income Triggers, and What Freelancers Can Do to Avoid IRS Trouble ...

Zelle doesn’t report to the IRS—but that doesn’t mean you’re off the hook. Learn the 2025 rules and how banks may flag your ...

In recent months, the IRS has ramped up its surveillance of U.S. cryptocurrency traders—issuing a surge of warning letters to ...

If your return has been selected for audit, it is essential that you understand your rights prior to any in-person review or meeting with the IRS agent.

Under updated IRS rules, third-party payment processors must now issue a 1099-K for total transactions exceeding $600 annually - a steep drop from the previous $20,000 threshold.That change ...

One of the fundamental premises of fair taxation under capitalism is the notion that taxes are assessed on profits when an ...

This will generate the 1099-C form in your tax return and add the new payment as part of your total taxes. Search for the 1099-C Form if Needed.