Because of how IRS computer systems are configured, the IRS computers will not detect an over-reporting of income and send ...
People are reporting they've received a surprise tax form falsely claiming they've made money on a payment app they never ...
Learn which payment apps report transactions to the IRS, including Zelle, Venmo, and CashApp. Understand how reporting ...
How all this will affect the processing of tax returns is a matter of speculation, but it seems very unlikely to make the ...
As tax season approaches in 2025, individuals receiving over $5,000 in payments for goods or services through digital ...
A summary of the current state of the IRS Broker Rule ... end services” to report trading activity via the 1099 tax form to the agency. This includes any developer of “screens, buttons, forms, and ...
Other types of income, whether from contract work or investment income, get reported via a 1099 form. These 1099 forms start hitting ... earnings to the IRS on your tax return, however.
Everyone dreads the idea of a tax audit. And luckily, almost no one gets one. Only 0.2% of taxpayers who made less than $1 ...
The Arizona Department of Gaming ADG is advising Arizonans to be cautious this tax season regarding companies issuing tax forms for gambling ... receive a W-2G or 1099-MISC form for their winnings.