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 ...

The Internal Revenue Service (IRS) is set to introduce a pivotal change in income reporting through third-party payment apps.

New rules are yet again in store for 2025 sales of tickets and other goods and services online. Sellers flagged as 'business' or 'professional' sellers on platforms may get 1099-K forms at lower ...

A tax loophole claim by Zelle is putting small businesses at risk. The payment network says the new IRS 1099-K reporting rule does not apply to them. However, one tax attorney issued a warning to ...

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

TaxBandits supports the e-filing, submission, and status tracking of Form 1099-DA, the IRS's newly introduced form for digital asset reporting. The company draws on its experience with federal and ...

A new tax reporting requirement targeting Americans who made money online through third-party apps like Venmo or PayPal could cause serious confusion for taxpayers, according to an industry group that ...

Americans could miss up to $25,000 in tax-free tips and overtime deductions under new IRS rules. Only voluntary tips and the ...