The IRS will have much less of a view into how much income small businesses and independent contractors make because there will be much less third-party reporting required under Trump’s new law.

K1x Launches Aggregator Plus™, Adding 1099 Data Extraction to Its AI-Powered Tax Automation Platform New upgrade streamlines processing of over 40 million K-1s and 44 million 1099-Ks filed ...

By Natalie Weger Quantum Corp. shares fell after the data-management company said it was delaying the release of the company's fiscal 2025 financial results.

The House of Representatives and the Senate have both proposed changes in the reporting thresholds for Form 1099-K and Form 1099-NEC. The goal? Fewer forms for taxpayers.