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

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 ...

If you have a tax paper from someone other than your employer, you may have received a 1099. But what does the form mean, and ...

If you're getting ready to file your 2024 taxes, having some helpful tips can make the process smoother. Tax season is around the corner and taxpayers can submit their returns starting Jan. 27. Most ...

Payment platforms, apps and online marketplaces must issue a Form 1099-K to anyone who received $5,000 or more in payments on any single platform in 2024 to include with their tax return this tax ...

Anyone who earned more than $5,000 in 2024 selling tickets, musical instruments or other goods and services online should expect to get a 1099-K tax form this month. Online platforms such as ...

That's why the IRS allows you to use your pre-tax dollars in your health savings account (HSA) or flexible spending account (FSA) towards health-forward items, such as a smart ring or bedding.

They will issue a new tax form, the 1099-DA, which will report purchases and sales to both taxpayers and the IRS. According to CNN, this information must be included in 2025 tax returns filed in early ...

Did you just receive a new form called a 1099-K, a form that you never, ever saw in your lifetime? Well, do not ignore any 1099-K that pops up. Take your time to understand this one. The IRS will ...

All distributions from an HSA must be reported using Form 8889. You can use HSA funds to pay for deductibles, copayments, coinsurance, and other qualified medical expenses. Generally, qualified ...