The IRS announced a delay in reporting thresholds for third-party settlement organizations set to take effect for the upcoming tax filing season. Today the IRS announced a delay in reporting ...

Millions of Americans receive 1099-Ks from third-party payment platforms like PayPal, Venmo, Stripe, and more every year. But for the 2025 tax year, that number is expected to soar. The IRS announced ...

The threshold for receiving a 1099-K is higher — but that doesn't mean you're off the hook if you don't get one.

The Internal Revenue Service is urging taxpayers to get ready now to file their 2022 tax returns, while also cautioning them to beware of the newly lowered threshold for receiving a Form 1099-K if ...

Well, Congress has stepped in it, at the request of the IRS, then the IRS has delayed the start of it again. What am I talking about? Closing the reporting loophole started with the rise of third ...

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 ...

If you are a creator and sell through eBay or other online marketplaces, you may need to file a 1099-K when submitting income tax returns.

If you get paid through a third-party app, you may find an IRS Form 1099-K in your mailbox. Previously, only self-employed workers who netted at least $20,000 through Venmo, PayPal, CashApp, Stripe or ...

Portland, OR, USA - Jan 5, 2022: Third-party payment apps now have to report transactions more than USD600 to the IRS. Taxpayers who engage in online sales may have dodged a reporting bullet in early ...

Many taxpayers could receive Form 1099-K for the first time this season, according to the National Taxpayer Advocate. If you had more than $5,000 in business transactions from apps such as PayPal or ...