The Social Security Administration has issued a crucial alert for millions of Americans: starting December 26, be on the ...

Large companies can spend over 100 hours filing thousands of 1099 tax forms, a “significantly more complex” undertaking than ...

TaxBandits supports the e-filing, submission, and status tracking of Form 1099-DA, the IRS's newly introduced form for ...

Gig workers win big as IRS restores 1099-K $20,000 limit for 2025 taxes: IRS 1099-K change 2025 makes side hustles simpler.

Congress enacted a rule to change the 1099-K threshold for your 2025 taxes, meaning you should only receive a Form 1099-K if you receive more than $20,000 in gross payments on third-party networks or ...

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, ...

According to Forbes, it is important to check all 1099 forms before filing. Most come in late January or early February but some may come throughout the year. If a 1099 is missing or has an error, you ...

1. What is the Form 1099-G or Form 1099-INT? Form 1099-G is a report of income tax refunds of $10 or more issued during the prior tax year, including overpayments carried to another tax period. Form ...

The House of Representatives and the Senate have both proposed changes in the reporting thresholds for Form 1099-K and Form 1099-NEC. The goal? Fewer forms for taxpayers. Republicans on the Senate ...

Leasing business equipment can be a cost-effective way to grow your business and keep up with the latest technology. If you pay $600 or more to a leasing provider during the tax year, you need to fill ...

Each January, your mailbox and email are likely filled with tax forms. You’ll receive a W-2 reporting your wages if you work for an employer. But if you do any self-employed or freelance work, you may ...

If you’re a freelancer, business owner, or just have a small side hustle, you should know about the new tax requirement this year for electronic payments through Venmo, PayPal, online marketplaces and ...