The “Show MO Act” gives up to a 42% tax credit on eligible film productions. Productions initially have the option for a 20% ...

The current tax credit is the state’s second attempt at incentivizing filmmakers to work in Missouri. The previous tax credit ...

Freedom Caucus members in the Senate blocked a vote on legislation providing a tax credit to make it more affordable for ...

A flood of 1099-K forms ... R-Missouri, to be the next IRS commissioner. Right now, it's hard to say how changes at the IRS might interrupt the flow of refunds or the processing of income tax ...

Don't panic. Here's what you need to know about this tax from. The IRS said the 1099-K form is a report of payments you received for goods or services during the year if you made any money or ...

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 ...

But in 2025, that number is expected to soar. The IRS announced the reporting threshold for the 1099-K form will drop from $20,000 to $5,000 this tax filing season, plummeting each year until $600.

Our opinions are our own. Here is a list of our partners and here's how we make money. A 1099 form is a tax document issued by a business or entity summarizing the nonemployee income you received ...

For his part, Mark Luscombe, a principal analyst with Wolters Kluwer Tax & Accounting, said the most important issue with respect to Form 1099-MISC is that there is a new Form 1099-NEC that is to ...

Form 1040 is not a tax statement or form that gets distributed to taxpayers. Unlike a W-2 or 1099 statement that is mailed by an employer or party you've contracted with, Form 1040 is available ...