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 ...
Millions more taxpayers will be receiving the Form 1099-K in the mail this year for the first time if they were paid $5,000 or more last year through a service such as Venmo, PayPal, Cash App, StubHub ...
Self-employed people who send and receive payments using things like PayPal, Venmo and CashApp get a special tax form, called a 1099-K. Usually though, they’d only receive one if they made at ...
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 ...
A new survey found that gig workers, or freelancers, aren’t prepared for the lower threshold for 1099-K income reporting, which could result in a higher tax bill, CPA Practice Advisor reports.
Tax season is here, and if you own a small business or side hustle, there is a big change going into effect.A new tax form is ...
Direct File is a web-based service that works on mobile phones, laptops, tablets or desktop computers. It guides taxpayers ...
Did you just receive a 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. More taxpayers ...