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

TaxBandits has expanded its e-filing services to include IRS Forms 1099-QA and 1098-F, offering a streamlined and secure solution for businesses and tax professionals.

With a well-designed tax preparation checklist, I've been able to turn my taxes into a manageable task well before the April 15 deadline. Here's a template to help get you started.

If you sell goods or services or rent property, and get paid through Venmo, PayPal, Cash App or another payment app, you may have been surprised by a Form 1099-K this year. Here’s why you might ...

If your business pays nonemployee compensation and other reportable payments, you must be aware of two forms: Form 1099-MISC and Form 1099-NEC. Many employers are likely familiar with Form 1099-MISC.

TailAdmin is a high-quality, open-source, and free Tailwind CSS admin template that is perfect for creating data-rich backends, powerful web applications and dashboard-admin projects. 5 Unique ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation.

If you received more than $5,000 for online sales of “goods or services” in 2024, you might get a Form 1099-K. Don’t ignore it, an expert says. By Ann Carrns If you sold personal items like ...

Correcting these mistakes promptly is crucial to avoid penalties and ensure IRS compliance. Several common errors can occur when preparing a 1099-NEC form. Incorrect taxpayer identification numbers ...

The Social Security Benefit Statement is also known as the SSA-1099 or the SSA-1042S. It is a tax form we mail to you every January if you receive Social Security benefits. It shows the total ...

If you're a freelancer, business owner or someone who occasionally makes money on the side, you need to know about the new tax reporting requirement for PayPal, Venmo, Cash App and other third ...