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

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

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

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

Last year, the Internal Revenue Service announced a phased rollout of reporting requirements for businesses who receive at least some of their income through third-party payment apps.

Direct File is a web-based service that works on mobile phones, laptops, tablets or desktop computers. It guides taxpayers ...

Granted, the IRS has noted, that all income, no matter the amount, is taxable unless it’s excluded by law whether a Form 1099-K is sent or not. What taxpayers need to know, though, is that ...

Did you just receive a form called ... ignore any 1099-K that pops up. Take your time to understand this one. More taxpayers will be bewildered when a 1099-K hits the mailbox this tax season.