"It's taxable income," said Matthew Foreman, a tax attorney and partner at law firm Falcon Rappaport & Berkman. The winnings are income even if the prediction platforms don't send a notice formally ...
Here's when the last day to file taxes is, what documents you'll need, new forms for the 2024-25 tax season and how to track ...
IRS rules say that interest earned on bank accounts is taxable income. If you earned a bonus when opening a new account, you ...
Getting a head start on your tax return will hasten your refund if you're getting one. Filing early is also a way to guard against tax-refund fraud, which occurs when a scammer gains access to your ...
If you are selling items online as a small business owner, you may end up having to pay taxes on the amount you earn. But ...
Navigating the complexities of tax reporting can be daunting, especially for freelancers and those with side hustles. The ...
We test and rate the best online tax services to help you find the best one for filing quickly and accurately—and for getting ...
The percentage of gig workers knowledgeable about the lower threshold the Form 1099-K versus those that don’t know came out ...
It's tax season, and if you've received an unfamiliar income form this year, it might be a 1099 tax form. A 1099 form is used ...
Learn what happens if you don't file your taxes. Discover the consequences, penalties, and how to address unfiled tax returns ...
If you earn income through payment apps, it's a good idea to set up separate PayPal, Cash App or Venmo accounts for your ...
Confused about your 1099-R and 1099? Learn the key differences between these tax forms and how they impact your taxes.