How does the IRS define a crypto broker? The definition of the term “broker” includes individuals or entities that regularly ...
You might receive this document if you have freelance work, investment income, retirement distributions or other financial transactions.
If you're receiving payments on platforms like Venmo or PayPal, you'll likely get 1099-Ks at tax time. What are they and what ...
If you sell goods or services or rent property, and get paid through Venmo, PayPal, Cash App or another payment app, you may have been surprised by a Form 1099-K this year. Here’s why you might ...
By Dr. Lori Verderame Online resellers are everywhere. Millions of people are bringing home extra income with a side hustle, online selling gig, or reselling business. Whether you are running a ...
"A lot of seniors would like to age out of paying taxes. Unfortunately, paying taxes is a function of income and not age," ...
As the 2025 tax season heats up and refund anxiety grows, the Internal Revenue Service is, so far, holding the line.
Getting a 1099-K doesn’t necessarily mean you ... so consult with a tax professional about the rules. Lawsuit settlement money is often taxable. Learn how the IRS treats settlement proceeds ...
The IRS decided to phase in the changes ... Here are how the new reporting rules around 1099-Ks work. Form 1099-K is a report of payments you got for goods or services during the year from ...
As interest in crypto asset builds among wealthy clients, the IRS has changed how must taxpayers report the holdings and has made cryptocurrency transactions subject to third-party reporting—meaning ...