You'll receive a 1099-K form if you use a third-party payment service, such as PayPal, Venmo or CashApp, to receive freelance ...

Taking on a gig job means taking on new tax responsibilities. You might not think you’re in business, but if you’re reselling ...

Learn which payment apps report transactions to the IRS, including Zelle, Venmo, and CashApp. Understand how reporting ...

Learn how taxes on interest income work, how to report it on your taxes, and which interest income is taxable. Get the full ...

Claiming unusually high deductions can trigger an IRS audit, according to Geltrude.

How all this will affect the processing of tax returns is a matter of speculation, but it seems very unlikely to make the ...

Supporters reportedly believed the now-incoming president would relieve financial strain on everything from gas and grocery prices to taxes ... to abuse by some employers and not benefit those ...

IRS Forms 1099 are used so the IRS can match Social Security numbers with tax returns to speed IRS collection efforts. But ...

If you sell goods or services or rent property, and get paid through Venmo, PayPal, Cash App or another payment app, you may have been surprised by a Form 1099-K this year.

Properly classifying a worker as an independent (outside) contractor may save your business money by avoiding payroll taxes, overtime pay, and employee benefits, such as pension plan ...

If you received a total of $5,000 or more through a payment app in 2024, that company is now required to report that amount ...