Did you receive a 1099-K tax form? Here's how it affects your tax return
A payment app or online marketplace is required to send you a Form 1099-K if the payments you received for goods or services ...
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Did you receive a 1099-K tax form? Here's how it affects your tax return
money received from friends and family as a gift or repayment for a personal expense should not be reported on a Form 1099-K. The payments aren't taxable. Here are some examples of non-business ...
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Who must file the 1099-K form this 2025?
As tax season approaches in 2025, individuals receiving over $5,000 in payments for goods or services through digital ...
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Do I have to pay taxes on Venmo, Cash App or PayPal transactions?
If you use payment apps like Venmo, Cash App or PayPal for more than just splitting a bill, there could be some important ...
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A Tax Expert's Warning: Don't Make This Costly Mistake if You Receive a 1099-K
Because of how IRS computer systems are configured, the IRS computers will not detect an over-reporting of income and send ...
What Payment Apps Report to the IRS? A Comprehensive Guide for 2025
Learn which payment apps report transactions to the IRS, including Zelle, Venmo, and CashApp. Understand how reporting ...
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Impostor scam targets Kentucky business owner
The scam involves getting payroll companies to issue paychecks to fictitious employees using Sokoler’s name, but the scammer ...
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How to File Your Taxes for Uber, Lyft and Other Popular Gig Apps
The day none of us want to think about is steadily approaching —Tax Day 2025. If you want to get a head start, filing is open ...
1099-K tax rules: What you need to know if you get paid via Venmo, Cash App or PayPal
If you sell goods or services or rent property, and get paid through Venmo, PayPal, Cash App or another payment app, you may ...