(NewsNation) — Fewer side hustlers who get paid through such apps as Venmo or PayPal will get a tax form this year, but the IRS still expects them to report the money they made. “Even if you don’t get ...
The IRS’s introduction of a new $600 threshold for Form 1099-K reporting on third-party payment platforms like Venmo, Cash App, and PayPal has stirred significant discussion. This change, initially ...
If you freelance, side hustle or sell products online, you're most likely familiar with the Form 1099-K. It's a form that specifically reports card payments and transactions from online platforms, ...
Our expert guide breaks down the most common 1099 forms for the 2025 tax year, including 1099-NEC, 1099-R, 1099-INT, 1099-DIV ...
Online sellers and freelancers in the U.S. have found changes to the 1099-K reporting threshold headache-inducing at best over the past couple of years, but a recent change in IRS policy will come as ...
Side hustlers just got a rare dose of simplicity from Washington. A recent tax change raises the bar for when payment platforms and clients must send 1099 forms, which means fewer surprise tax ...
New rules are yet again in store for 2025 sales of tickets and other goods and services online. Sellers flagged as 'business' or 'professional' sellers on platforms may get 1099-K forms at lower ...
No time is better than late summer to be optimistic about our sports teams, and season ticket holders who are eager to defray high costs could start thinking about selling some tickets at a profit to ...