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 ...

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

Businesses will also send a copy of your 1099 forms to the federal tax agency. Your tax return will be compared to what's on file to see if there are any discrepancies, and if the numbers vary ...

Businesses will also send a copy of your 1099 forms to the federal tax agency ... For the 2024 tax year, expect a 1099-K if you received over $5,000 in payments from a third-party processor.

Third party payment platforms are required to send you a 1099-K tax form if you made more than $5,000 on the platform in 2024. This reporting change will give the IRS a clearer picture of how ...

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 ...

The IRS’s new 1099-K rules are adding stress for a group of workers who already tend to have somewhat complicated tax situations.

The percentage of gig workers knowledgeable about the lower threshold the Form 1099-K versus those that don’t know came out ...

Interest is one of the many benefits you can receive when you set aside money in a savings account. When you earn interest, your financial institution is essentially paying you to keep your ...

But what if you don't receive a 1099 form for a savings account or other interest-earning account? Cummings says you should still report any earned interest on your federal ... (k). Stash money in ...