In a letter to congressional finance leaders, the AICPA listed increasing the threshold to $10,000 as one of its priorities.
If you're receiving payments on platforms like Venmo or PayPal, you'll likely get 1099-Ks at tax time. What are they and what do they mean for you.
There isn’t a simple guide to follow because an LLC can take many different forms. Luckily, there are some aspects that every ...
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CNET on MSNCD Owners: This Is What You Need to Know About TaxesWhen you open a CD, you know precisely how much interest you'll earn because your rate is fixed for the term. But not all of ...
Despite its growing popularity with members of the American public, the IRS Direct File’s fate remains unclear.
Millions in unclaimed tax refunds for 14,400 South Carolina taxpayers. Deadline approaching - May 1 to claim. IRS provides ...
The key to Forms 1099 is the IRS' computerized matching. The IRS matches each 1099 with your tax return based on your Social ...
More than 30 million taxpayers across the country are eligible to file their federal tax returns completely free-of-charge ...
Claims and filings that are determined to be frivolous can result in penalties of $5,000 for each copy that claims an ...
you'll get Form 1099-INT for each one and will need to add up the total interest (reported in Box 1) and record it on page ...
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 ...
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