Instead, the IRS chose to phase in the change, setting the $5,000 threshold for the 2024 tax year, $2,500 for 2025 and $600 ...
You may fund a health savings account (HSA) with a high-deductible health insurance policy. Contributions to an HSA are ...
The income tax deadline is April 15 for most taxpayers. But taxpayers in Florida, North Carolina, and other areas hit by ...
Forms 1099-K will be issued to people who received more than $2,500 in Year 2025, while Forms 1099-K will be issued to people ...
The IRS announced the date tax season will begin, along with key changes taxypayers will see this year. Here's what you should know.
The IRS announced the date tax season will begin, along with key changes taxypayers will see this year. Here's what you ...
Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require ...
A 1099-K form is sent to self-employed people who use third-party payment apps. Its threshold has been lowered from $20,000 ...
More people using payment apps or online marketplaces will get a Form 1099-K for tax year 2024. That’s because the IRS lowered the threshold from $20,000 to $5,000. Read more ...
New tax rules hit in 2025 just in time to trigger more 1099-K paperwork for Detroit Lions ticketholders who are reselling hot ...