If you're earning income through platforms like PayPal, Venmo, or Cash App, it's crucial to understand the new tax reporting ...

Navigating the complexities of tax reporting can be daunting, especially for freelancers and those with side hustles. The ...

Taxpayers will receive a 1099-K from payment card companies, payment apps and online marketplaces when transactions during ...

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

You'll receive a Form 1099 if you earned money from a nonemployer source. Here are some common types of 1099 forms: For the 2023 tax year, third-party processors need to send you a 1099-K only if ...

A 1099-K is a tax form that reports income received via a third ... The IRS delayed this new reporting requirement in 2022 and again in 2023. Why? Distinguishing between taxable and nontaxable ...

A 1099-K is a tax form that reports income received via a third ... The IRS delayed this new reporting requirement in 2022 and again in 2023. Why? Distinguishing between taxable and nontaxable ...

1099-K Form: Who will get one for 2023? For the 2023 tax year, previous reporting thresholds remain intact. So, third-party payment apps and online marketplaces must issue 1099-K forms to ...

Robert W. Wood is a tax lawyer focusing on taxes and litigation. Closeup of Form 1099-K, Payment Card and Third Party Network Transactions, an IRS information return ... [+] used to report certain ...