The Form 1099-K is meant to report income from payment apps (like Venmo or Paypal), as well as from online marketplaces or ...

Form 1099-MISC is used for compensation not subject to self-employment tax while Form 1099-NEC is used for compensation that is subject to self-employment tax. The IRS requires specific forms to ...

Last year, the IRS announced a phased rollout of reporting requirements for businesses who receive at least some of their ...

Self-employed people who send and receive payments using things like PayPal, Venmo and CashApp get a special tax form, called a 1099-K. Usually though, they’d only receive one if they made at ...

IRS Forms 1099 are critical to IRS information return matching so the IRS can match your tax reporting and send tax notices ...

If you're self-employed and have several clients ... Income reported on Form 1099 is usually not subject to tax withholding. However, if the IRS has determined you owe backup withholding due ...

The IRS expects more than 140 million returns for Tax Year 2024, with changes for third-party payment platforms and important ...

Taxes are due on Tuesday, April 15, 2025. Tenere Robertson, owner of T. Robertson & Associates, LLC provides personal and ...

Jan. 22, 2025 (GLOBE NEWSWIRE) -- The millions of Americans with revenue-generating side hustles and casual sellers may be in for a big surprise this January—an unexpected tax form called the ...