Tax season is underway and one of the most buzzworthy documents has been Form 1099-K. If you’re used to filing with Form 1099-K, it won’t surprise you. However, some receiving the form might not ...

Congress enacted a rule to change the 1099-K threshold for your 2025 taxes, meaning you should only receive a Form 1099-K if ...

A friend of a friend admitted to me last week that he hadn’t filed taxes in more than 20 years. He’s self-employed as a cab driver on the East coast, and has created a flourishing underground business ...

Did you just receive a form called a 1099-K, a form that you never, ever saw in your lifetime? Well, do not ignore any 1099-K that pops up. Take your time to understand this one. More taxpayers will ...

As is the case every year, we’re hearing from lots of folks confused about when to send a 1099 form or other “information ...

As a CPA, my job can be boiled down to one task, “Worry about everything.” And as co-founder of a tech startup, there is no shortage of things to worry about. One thing that has been bugging at me for ...

It's not the same old Lions now that a winning season is making it easy to resell game tickets at amazing prices far above the original value. But it’s the same old IRS play when it comes to handling ...

Many taxpayers cheered in 2008 when the Housing and Economic Recovery Act, or HERA, was signed into law by President Bush. The bill was designed to provide "needed housing reform" and was intended to ...

The IRS is taking a closer look at your fintech transactions. Starting in 2022, any transactions exceeding $600 and made through payment cards or apps (think Venmo, PayPal, Zelle) must be reported by ...